Copper futures ended higher on Wednesday on supply concerns after sanctions against Russia by Western allies, followed by Russia-Ukraine conflict. Meanwhile, a community in the Peruvian Andes has blocked the key transport road used by the key copper mine in Peru- MMG's 1208.HK Las Bambas, raised the fears of reduced output and slow down operations. Las Bambas produces 2% of the world's copper.
Copper futures for May delivery gained $0.0690 to settle at $4.6655 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 1.04 percent at $10,166 a ton.