Copper futures ended higher on Tuesday amid tensions escalated in eastern Europe. Meanwhile, the International Copper Study Group said the global world refined copper market showed a 79,000 tonnes deficit in November, compared with a 34,000 tonnes deficit in October.
Copper futures for March delivery gained $0.0025 or 0.06% at $4.5130 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was down 0.1 percent at $ 9,885 a ton.