Copper futures ended lower on Friday as the US dollar rose slightly against its major key rivals due to inflation expectations. Moreover, new corona virus restrictions in the world’s top metal consumer China too negatively impacted demand for copper.
Copper futures for March delivery lost $0.0215 to settle at $3.6260 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.3% at $7,997.50 a ton.