Copper futures ended higher on Tuesday with hopes for stronger demand after the world’s top consumer China relaxed its Corona Virus quarantine mandates. But, some gains were capped by strong dollar and global recession fears still in focus.
Copper futures for July delivery gained $0.0115 to settle at $3.7740 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.62 percent at $8,365.50 a ton.