Sluggish demand from consuming industries within the domestic spot market also put pressure on copper mineral futures prices here.
At the Multi Commodity Trade, February copper declined by Rs 5. 25, or even 1. 34%, to Rs 387. 95 per kg, having a business turnover of 11, 433 lots.
The 04 delivery lost Rs 5. 20, or 1. 31%, in order to Rs 391. 95 per kg, with a trading amount of 940 lots.
Analysts attributed the fall in copper prices in futures trade to some weakening trend on the LME as fears over possible credit score downgrades in Europe stoked worries that the region might take longer to recover from its two-year sovereign financial debt crisis, dragging down global economic growth.