New Delhi, Feb 8 (PTI) Copper prices moved down 0.39 per cent to Rs 449.25 per kg Friday as speculators cut down their holdings amid a weak trend in base metals overseas.
Besides, low demand at the domestic spot market weighed on the metal prices.
At the Multi Commodity Exchange, copper to be delivered in April eased by Rs 1.75, or 0.39 per cent, to Rs 449.25 per kg in a business turnover of 3,076 lots.
Analysts said besides subdued demand at the domestic physical market, a weak trend in the base metals pack overseas led to the fall in copper prices at futures trade.
Globally, at the London Metal Exchange (LME), copper three-month delivery eased 0.05 per cent to USD 282.70 per tonne.
This is published unedited from the PTI feed.