Copper futures ended lower on Monday as the US dollar was strengthened against its peers after US Federal Reserve Chair Jerome Powell was reappointed for a second term, encouraging bets on interest rate hikes. Copper prices weakened further on renewed worries about demand in top consumer China, despite the quarterly report released by the Chinese central bank People's Bank of China signalled loosening monetary policy.
Copper futures for December delivery fell $0.0110 to settle at $4.3965 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 0.83 percent at $9,726.50 a ton.
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