Copper slides 0.36 pc in futures trade on profit-booking

Copper prices fell by 0.36 per cent to Rs 368.80 per kg in futures trade today amid profit- booking by participants and subdued domestic demand.

Analysts attributed the fall in copper futures to a weak trend in base metals at the domestic spot markets coupled with profit-booking at current levels by participants.

At the Multi Commodity Exchange, copper for delivery in April fell by Rs 1.35, or 0.36 per cent, to Rs 367.80 per kg, in a business turnover of 806 lots.

The metal for delivery in far-month June also fell by Rs 1.10, or 0.29 per cent to trade at Rs 373.15 per kg in a turnover of five lots.