Copper futures ended lower on Wednesday with hopes of recovering mine supply after Chinese miner MMG resolved disputes with local communities in its mine in Peru. Meanwhile, US Treasury yields jumped after meeting minutes released by the US Federal Reserve signalled a possibility of earlier and faster interest rate hikes, also added pressure on copper prices.
Copper futures for March delivery fell $0.0615 to settle at $4.4135 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.72 percent at $9,698 a ton.