Copper futures ended lower on Tuesday as soaring energy costs fuelled global economic worries. Further, worries of a wider financial crisis in the world’s top metal consumer China too kept the sentiments bearish. However, signs of tightening supply capped some losses.
Copper futures for December delivery fell $0.0410 to settle at $4.3255 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.82 percent at $9,465 a ton.