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Copper futures end lower on Wednesday

03 Nov 2022 Evaluate
Copper futures ended lower on Wednesday amid hawkish comments from Federal Reserve Chairman Jerome Powel and uncertainty over easing of China’s zero-Covid policy also weighed on red metal prices.

Copper futures for December delivery lost $0.0040 to settle at $3.4685 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.33 percent at $7,626.50 a ton.