Copper futures ended lower on Monday, as strong US dollar makes dollar-priced metals more expensive for holders of other currencies. Further, rising US inflation with fears of sooner-than-expected policy tightening by the US Federal Reserve too adding pressure on copper prices.
Copper futures for September delivery lost $0.0110 to settle at $4.2785 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.27 percent at $9,388 a ton.