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Copper futures trade tad lower on demand uncertainty

13 Feb 2023 Evaluate
Copper futures traded marginally lower on Monday due to uncertainty over demand recovery in the world’s top metal consumer China. Copper prices weakened further after the US central bank signalled the need to keep raising interest rates even as inflation is easing in recent months. 

Copper futures for March delivery declined 0.15% or $0.006 at $4.0105 a pound on the Comex metals division of New York Mercantile Exchange.

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