NEW DELHI, Oct 31: Copper prices fell 0.22 per cent to Rs 421.50 per kg in futures trade today amidst a weak trend in the global market and subdued spot demand.
At the Multi Commodity Exchange, copper for delivery in February next year shed 95 paise, or 0.22 per cent, to Rs 421.50 per kg in a business turnover of seven lots.
The metal for delivery in November shed 60 paise, or 0.14 per cent, at Rs 416.30 per kg with a turnover of 252 lots.
Analysts attributed the fall in copper futures to weak global cues as the dollar climbed, curbing demand for the commodity as an investment.
Besides, subdued demand at domestic spot markets weighed on prices, they said.
Globally, copper for delivery in three months traded little changed at USD 6,736 a tonne on the London Metal Exchange. (PTI)
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