Copper futures ended lower on Tuesday, driven by renewed fears a highly infectious new strain of Covid-19 in Britain. However, $900 billion pandemic stimulus package from the world’s biggest economy capped some losses.
Copper futures for March delivery lost $0.0575 to settle at $3.5200 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 1.27% at $7,746.50 a ton.