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Copper futures settle lower on Chinese demand concerns

17 Nov 2022 Evaluate
Copper futures settled lower on Wednesday amid lingering concerns over Chinese demand. Although, some losses were capped by easing fears of an escalation in the Russia-Ukraine conflict after NATO members said a missile that killed two people in Poland was likely fired by Ukrainian forces defending themselves against a Russian missile barrage. 

Copper futures for December delivery lost $0.0465 to settle at $3.7735 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.99 percent at $8,293.50 a ton.