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.