Copper futures ended lower on Thursday as dollar strengthened slightly against its major peers along with fears that surging Covid-19 infections would curb the global economic recovery, while its trading in a range-bound ahead of New Year holiday. Copper prices weakened further after MMG's Las Bambas mine in Peru said it would resume operations that had been halted due to a road blockade.
Copper futures for March delivery fell $0.0205 to settle at $4.3925 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was up 0.11 percent at $9,691.50 a ton.