Copper futures settled lower on Monday as positive US Jobs data fuelled expectations the US Federal Reserve would again rise interest rates at its meeting next month. Meanwhile, a stronger US dollar also dampened sentiments further.
Copper futures for May delivery lost $0.0390 to settle at $3.9765 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was up by 0.2 percent at $8,800 a ton.