Copper prices moved down by 0.34 per cent to Rs 368.30 per kg in futures trade today as speculators trimmed their exposure amid a weak trend at spot markets on low demand.
Copper for delivery in June shed Rs 1.25, or 0.34 per cent, to Rs 368.30 per kg in a business turnover of 722 lots at the Multi Commodity Exchange.
Likewise, the metal for delivery in far-month August was trading lower by 90 paise, or 0.24 per cent, to Rs 372.05 per kg in 21 lots.
Analysts attributed fall in copper prices at futures trade to cutting down of positions by speculators amid a weak trend in base metals at spot markets on muted demand from consuming industries.
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