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Copper futures trade lower ahead of Fed decisions

12 Jun 2023 Evaluate
Copper futures traded down on Monday with caution ahead of key monetary policy decisions from the US Federal Reserve and the ECB. Besides, demand concerns following disappointing Chinese data also added further pressure on prices.

Copper futures for July delivery lost 0.88% or $0.0335 at $3.7555 a pound on the comex metals division of New York Mercantile Exchange.