Copper futures settled down on Wednesday on demand concerns as lack of detail in the US-China trade deal leaves room for potential future tariff conflicts. However some falls were limited by weaker American currency following weaker than expected inflation data, which boosted the odds of a Fed rate cut soon.
Copper futures for July delivery lost $0.0855 to settle at $4.8145 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 1.11 percent at $9,648 a ton.