Copper futures ended lower on Monday on account of rising US dollar followed by expectations of more aggressive tightening by the US Federal Reserve. Meanwhile, some manufacturers in China were considering suspending the production due to spreading of Covid-19 pandemic also adding pressure on red metal prices.
Copper futures for May delivery fell $0.0910 to settle at $4.6340 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 1.19 percent at $10,200.50 a ton.