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Copper futures end higher on robust demand

28 Apr 2021 Evaluate

Copper futures ended higher on Tuesday, triggered by robust demand against supply worries in the world’s top producer Chile. However, a lot of metal investors are more concerned about the impact of the US Federal Reserve's interest rate decision on Wednesday.

Copper futures for May delivery gained $0.0470 to settle at $4.4880 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 1.07% at $9,855.50 a ton.