Copper futures settled higher on Friday due to potential easing of trade tensions between the United States and China. China on Friday said it was evaluating an offer from Washington to hold talks over the US President Donald Trump's 145% tariffs on China, but warned that it is not going to entertain extortion and coercion. Meanwhile, stronger-than-expected US non-farm payroll data in April has also supported copper prices’ up move.
Copper futures for May delivery gained $0.045 to settle at $4.6730 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.73 percent at $9,365.50 a ton.