Copper futures ended lower on Tuesday as investors turned cautious after reports that Johnson & Johnson paused clinical trials of a corona virus vaccine candidate due to an unexplained illness in a study participant. Though, robust trade data from the world’s largest consumer China, capped some losses.
Copper futures for December delivery fell $0.0195 to settle at $3.0445 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.68% at $6,692 a ton.