Copper futures settle down on Monday
Copper futures settled down on Monday on caution ahead of key economic releases that could provide more information on how soon the US Federal Reserve might begin cutting interest rates. Moreover, rising inventories in the world’s top metal consumer China and growing tensions in the Middle East also weighed on red metal prices.

Copper futures for March delivery fell $0.06 to settle at $3.82 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 1.18 percent at $8,466 a ton.