Copper futures decline on global cues

Similarly,the metal for delivery in February shed Rs 3.55,or 0.77 per cent,to Rs 457.95 per kg,with a business volume of 1,163 lots.

Marketmen said positions offloaded by speculators in tandem with a weak global trend mainly led to a decline in copper prices at futures trade.

Meanwhile,copper for delivery in three months dropped 0.7 per cent to USD 8,321 a tonne on the London Metal Exchange.