COMMODITY
Copper futures settle down as dollar strengthens
Mar-25-2025
Copper futures settled down on Monday as a stronger dollar makes copper more expensive for foreign buyers, potentially reducing demand. Meanwhile, a report showed that Mercuria estimates that about 500,000 tons of copper are on the way to the US, against normal monthly imports of around 70,000 tons, triggered by the potential imposition of tariffs. However, fresh stimulus measures from China have limited further falls in copper prices.

Copper futures for May delivery fell $0.021 to settle at $5.0925 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was up by 1.02 percent at $9,956 a ton.
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