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Copper futures trade lower on strong US dollar

13 Sep 2021 Evaluate

Copper futures traded lower on Monday as the US dollar strengthened against its major peers, although strong global demand outlook for copper and supply concerns supporting red metal to some extent and capped further fall in prices.

Copper futures for December delivery fell to $0.0160 or 0.36% to $4.4360 a pound on the Comex metals division of New York Mercantile Exchange.