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Copper futures end lower on Monday

22 Feb 2022 Evaluate

Copper futures ended lower on Monday as traders closely follow the developments in the Ukrainian crisis.  Russian President Vladimir Putin recognized the independence of two Russian-backed breakaway republics in the east of Ukraine. Meanwhile, a private report stated that some Ukrainian civilians have been killed in frontline shelling over the night.

Copper futures for March delivery lost $0.0285 or 0.63% at $ 4.4910 a pound on the Comex metals division of New York Mercantile Exchange.  However, Copper on the London Metal Exchange was up 0.3 percent at $ 9,985.5 a ton.