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Copper futures settle down on Tuesday

14 Jan 2026 Evaluate

Copper futures settled down on Tuesday as the US dollar strengthened against its major peers overseas after US CPI data came in line with estimates. Although copper prices have been hovering near all-time record highs driven by expectations of potential new tariffs on refined metal and ongoing supply chain disruptions in South America. Robust industrial demand from the electric vehicle and artificial intelligence data center sectors continued to support red metal prices. 

Copper futures for March delivery fell $0.0155 to settle at $6.0160 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.34% at $13,164 a ton.


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