Copper futures ended higher on Wednesday as soft dollar makes dollar-priced metals less expensive to holders of other currencies, while tight supplies in the market also supported copper prices. Although, some gains were limited by concerns over demand following the worst resurgence of Covid-19 cases in top consumer China.
Copper futures for May delivery gained $0.0195 to settle at $4.7505 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 0.49 percent at $10,367.50 a ton.