Copper futures ended higher on Wednesday as investors enlarged positions, despite a firmer US dollar overnight makes dollar-priced metals more expensive for overseas buyers. Moreover, supply worries supported copper prices’ uptrend.
Copper futures for December delivery gained $0.0175 to settle at $3.70 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was down 0.14 percent at $8,104.50 a ton.