Copper futures decline on weak demand

New Delhi, Oct 14 (PTI) Copper futures on Monday fell 0.43 per cent to Rs 861.05 per kilogram as participants cut their positions amid a muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for November delivery eased by Rs 3.75 or 0.43 per cent to Rs 861.05 per kg in a business turnover of 4,376 lots.

Analysts said trimming of positions by speculators amid a muted demand in the spot market mainly dragged down copper prices in the futures trade.