Copper futures declined on Monday despite increasing optimism over US economic growth after the passing of a massive stimulus package. However, world’s largest industrial metals consumer China reported that China's industrial output grew 35.1% in January-February from a year ago, faster than the 7.3% gain in December, restricted fall in copper prices.
Copper futures for May delivery lost $0.0080 at $4.1320 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 1.1% at $9,185.50 a ton.