Copper futures settled down on Tuesday after Chinese trade data suggested that economic recovery in the world's top metal consumer remains uneven. Moreover, a stronger American currency ahead of US Fed Chair Jerome Powell’s speech on the central bank's future policy path also weighed on base metal prices.
Copper futures for December delivery lost $0.04 to settle at $3.6790 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.63 percent at $8,186.50 a ton.