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Copper futures settle down on strong dollar overseas

17 Apr 2026 Evaluate
Copper futures settled lower on Thursday, pressured by a strong US dollar against its major peers overseas. However, easing concerns over Middle East conflicts bolstered the outlook for industrial demand and global growth, while Chinese fabricators increased purchases to take advantage of the recent price softness.

Copper futures for May delivery fell $0.0085 to settle at $6.0765 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was up by 0.17% at $13,270.50 a ton.

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