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Copper futures settle down on Monday

22 Apr 2025 Evaluate

Copper futures settled down on Monday due to sluggish demand amidst uncertainties over trade war, while lack of progress in the US-China trade negotiations has also continued to weigh on prices. However, some falls were limited by a weaker dollar following the US President Donald Trump's threat to fire Federal Reserve Chair Jerome Powell. 

Copper futures for May delivery lost $0.0105 to settle at $4.7285 a pound on the Comex metals division of New York Mercantile Exchange.