Copper futures ended higher on Tuesday as more optimism over corona virus vaccine continues to boost sentiment after news that both American drug-makers Moderna and Pfizer are applied for emergency authorization in Tuesday to roll out their Covid-19 vaccines in Europe. Copper prices improved further after data showed China's factory activity accelerated at the fastest pace in a decade in November.
Copper futures for March delivery gained $0.0470 to settle at $3.4850 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 1.51% at $7,694.50 a ton.