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Copper futures trade higher in early deals on robust demand expectations

01 Jun 2026 Evaluate

Copper futures are trading higher in early deals on Monday on robust demand expectations, while the market awaits more clarity on the Trump administration’s plans for levies on imports of the metal to the United States. Moreover, the world’s largest copper producer, Chile reported its weakest April output in 23 years, deepening supply concerns. 

Copper futures for July delivery rose $0.0540 or 0.85% at $6.4430 a pound on the Comex metals division of New York Mercantile Exchange.


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