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Copper futures trade down on Monday

24 Nov 2025 Evaluate
Copper futures were trading down on Monday due to diminished prospects of a December interest rate cut by the US Federal Reserve. The dollar index hovering near a six-month high, which makes copper more expensive for holders of other currencies. Moreover, easing supply-disruption concerns were also weighing on copper prices as Freeport-McMoRan has recently said Indonesia’s Grasberg mine is on track to restart production by July 2026, helping maintain a stable long-term supply outlook.

Copper futures for December delivery fell $0.0155 or 0.31% at $4.9995 a pound on the Comex metals division of New York Mercantile Exchange.

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