MoneyWorks4Me

Copper futures settle lower on weak demand in China

23 Feb 2023 Evaluate
Copper futures settled lower on Wednesday amid weak metals demand in the world’s top consumer China. Moreover, a firmer American currency on prospects of higher interest rates for longer, makes copper more expensive for holders of other currencies.

Copper futures for March delivery lost $0.0350 to settle at $4.1905 a pound on the comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.96 percent at $9,112 a ton.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: