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Copper futures end lower on Tuesday

23 Dec 2020 Evaluate

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.