Copper futures were trading down on Monday as traders remained cautious ahead of US President-elect Donald Trump’s inauguration in anticipation of additional trade tariffs on Chinese exports. However, weakness in the American currency and china’s monetary policy easing efforts have limited further falls in copper prices.
Copper futures for March delivery lost $0.0270 or 0.62% at $4.3415 a pound on the Comex metals division of New York Mercantile Exchange.