New Delhi, February 17 Copper prices fell by over 1 per cent to Rs 1,183.65 per kilogram in futures trading on Tuesday, due to weak global trends and subdued demand from domestic consuming industries.
On the Multi Commodity Exchange, copper for February delivery fell by Rs 14.40, or 1.2 per cent, to Rs 1,183.65 per kilogram in a trading volume of 16,193 lots.
Similarly, the March contract also declined by Rs 15.55, or 1.27 per cent, to Rs 1,207 per kg in 8,063 lots.
Traders said weak trends in the international markets and subdued domestic demand from consuming industries weighed on copper prices in futures trading.
In the global markets, Comex copper futures for the March contract were trading nearly 2 per cent lower at USD 5.70 per pound.
On the London Metal Exchange (LME), the red metal declined by USD 120.90, or 0.94 per cent, to USD 12,734.80 per tonne.
