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Copper futures trade higher in early deals on Tuesday

26 May 2026 Evaluate

Copper futures are trading higher in early deals on Tuesday, resuming their upward momentum as US markets reopen following the Memorial Day holiday.  Investors remain focused on potential ceasefire negotiations in the Middle East and upcoming US PCE inflation data for insights into the Federal Reserve's policy path. Moreover, a weaker US currency against major overseas peers has provided further support for the copper price rally.

Copper futures for July delivery rose $0.0295 or 0.46% at $6.4085 a pound on the Comex metals division of New York Mercantile Exchange.


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