Copper futures ended higher on Wednesday, supported by signs that China's virus outbreak is easing. However, strengthening US dollar, worries over lockdowns in world’s top metals consumer China and aggressive US interest rate hikes this year capped further gains in copper prices.
Copper futures for July delivery gained $0.0545 to settle at $4.2090 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 1.21 percent at $9,340 a ton.