NEW DELHI, Dec 5: Copper prices fell by 0.88 per cent to Rs 447.35 per kg in futures trade today as speculators trimmed their positions.
At the Multi Commodity Exchange, copper for delivery in February fell Rs 3.95, or 0.88 per cent, to Rs 447.35 per kg in business turnover of 1,942 lots.
Similarly, the metal for delivery in April traded lower by Rs 3.65, or 0.80 per cent, to Rs 453.50 per kg in 57 lots.
Analysts attributed the fall in copper futures to weak global cues as traders turned their attention to the likelihood of stimulus cuts by the US Federal Reserve.
Meanwhile, copper fell 0.40 per cent to USD 7,065 a tonne on the London Metal Exchange. (PTI)
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