New Delhi, July 13 -- Copper prices traded lower on Monday amid the escalation of the US-Iran war in the Middle East, with Tehran once again closing the vital energy corridor of the Strait of Hormuz.

London Metal Exchange (LME) benchmark three-month copper declined 0.64% to $13,398.5 a metric ton. The most-traded copper contract on the Shanghai Futures Exchange fell 0.68% to 103,100 yuan ($15,199.54) a ton.

In the domestic market, copper prices on the Multi Commodity Exchange (MCX) for July futures contracts traded 0.06% higher at Rs.1,294.35 per kg. During the session, MCX copper prices slipped as much as 0.75% to an intraday low of Rs.1,283.80 level.

Copper prices declined amid a broad-based sell-off across global commodity markets f...