COMMODITY
Copper futures settle down on stronger dollar
Apr-26-2025
Copper futures settled down on Friday due to a stronger dollar and lingering uncertainty over the trade war between the world's two largest economies. On Thursday, China denied any ongoing trade talks with Washington, contradicting US President Donald Trump’s claim that negotiations were progressing and tariffs would be reduced. But reports on Friday showed that China granted some tariff exemptions for US imports from its 125% tariffs.

Copper futures for May delivery lost $0.016 to settle at $4.84 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.20 percent at $9,374 a ton.
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