Copper futures traded marginally lower on Monday after Chinese market regulators warned domestic industrial metal companies to maintain normal market orders following a strong rally. Further, rebound in US dollar index and growing inflation worries in United States also adding some downward pressure on red metal prices.
Copper futures for July delivery fell $0.0020 at $4.4790 a pound on the Comex metals division of New York Mercantile Exchange.Copper on the London Metal Exchange was down 0.3 percent at $9,853.50 a ton.