Copper prices edged lower in futures trade on Thursday, declining Rs 1.95 to Rs 1,121.95 per kg, as market participants trimmed their positions amid muted demand in the domestic market.

On the Multi Commodity Exchange (MCX), copper contracts for January delivery slipped by Rs 1.95, or 0.17 per cent, to Rs 1,121.95 per kg, with a turnover of 5,898 lots.

Analysts said the decline in prices was mainly due to reduced bets by traders in a weak demand environment.