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Copper futures end sharply lower on profit booking

31 Jan 2026 Evaluate

Copper futures ended sharply lower on Friday as investors booked profits after prices hit record highs in recent sessions and the U.S. dollar strengthened. Weak demand in China, especially in construction and power sectors also weighed on the sentiments.  

Copper futures for March delivery fell $0.2365 or 3.81% to settle at $5.967 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 460.50 or 3.38% at $13,157.50 a ton.


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