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Copper futures settle down on Friday

17 Jan 2026 Evaluate
Copper futures settled down on Friday after the world’s top consumer China announced a crackdown on high-frequency trading as part of broader efforts to reduce risks in its capital markets, while profit-taking and easing concern about potential US tariffs on critical minerals have also weighed on red metal prices. Copper prices weakened further as strong US economic data and hawkish remarks from Federal Reserve officials have tempered expectations for additional Federal Reserve interest rate cuts.

Copper futures for March delivery fell $0.1605 to settle at $5.8310 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 2.31% at $12,803 a ton.

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