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Copper futures settle down on stronger American currency overseas

18 Feb 2026 Evaluate
Copper futures settled down on Tuesday, driven by a stronger American currency overseas and subdued trading activity during the Lunar New Year holidays in Asia. Meanwhile, investors awaited the release of minutes from the Fed’s last meeting and key economic data later in the week for signals on future rate cuts. Moreover, a rising stockpile of copper with reports that combined inventories across London, Shanghai, and New York above the one-million-ton mark, also put significant downward pressure on prices. 

Copper futures for March delivery fell $0.1605 to settle at $5.6425 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 1.80% at $12,619.50 a ton.


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