Copper futures were trading down on Monday as traders anxiously awaiting the outcomes from the China Central Economic Work Conference, where policymakers are expected to chart the course for the country's economy in 2025. Copper prices weakened further by firm American currency and ahead of US inflation data due this week that is likely to give clues on the Federal Reserve’s next monetary policy moves. A stronger dollar made copper more expensive for buyers in other currencies.
Copper futures for March delivery fell $0.01 or 0.24% at $4.1865 a pound on the Comex metals division of New York Mercantile Exchange.