COMMODITY
Copper futures settle down on strong dollar overseas
Apr-30-2026
Copper futures settled down on Wednesday as the US dollar strengthened against its major peers overseas following the Fed's hawkish stance on interest rates, while persistent geopolitical tensions also dampened copper prices. However, tight supply conditions and strong restocking demand from top consumer China ahead of Friday's Labor Day holiday, limited further losses in copper prices.

Copper futures for May delivery fell $0.041 to settle at $5.9330 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.25% at $13,004.50 a ton.



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