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Copper futures end lower on demand uncertainties

18 Oct 2022 Evaluate
Copper futures ended lower on Monday due to demand uncertainties stemming from rate hikes fears and China's stance on Covid-19 curbs. Although, some losses were capped by tight global supplies.

Copper futures for December delivery lost $0.0080 to settle at $3.4155 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was up 0.32 percent at $7,562.50 a ton.