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Copper futures end lower on Tuesday

17 Mar 2021 Evaluate

Copper futures ended lower on Tuesday due to uncertainty ahead of major central bank meetings this week. Moreover, a firmer US dollar also made dollar-priced commodities more expensive for buyers using other currencies.

Copper futures for May delivery lost $0.0690 to settle at $4.0715 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 2.01% at $8,960.50 a ton.