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Copper futures settle down on Monday

21 Apr 2026 Evaluate
Copper futures settled down on Monday as US-Iran peace talks fell into uncertainty just as their fragile ceasefire deadline approached. However, copper remains supported by a robust, multi-year demand surge driven by global electrification, Artificial Intelligence, and infrastructure development.

Copper futures for May delivery fell $0.0685 to settle at $6.0460 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.54% at $13,275.00 a ton.

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