New Delhi, Sep 14 Copper futures today fell up to 1.50 per cent on the Multi Commodity Exchange as the prices of the metal plunged in the global markets after stockpiles soared to a two-year high. The November contract of copper at MCX fell by 1.50 per cent to Rs 299.45 per kg, with a turnover of 2,719 lots. The February contract moved down by 1.45 per cent to Rs 301.40 per kg, clocking a business volume of 168 lots. Analysts said speculators reduced their positions to book profits at existing higher levels. Prices fell in futures market after the metal plunged by 5 per cent to hit downside limit in Shanghai in tandem with weekend fall at the London Metal Exchange, they added. Decline in Chinese imports of the industrial metal in August amid inflated inventories also dampened sentiments.

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