COMMODITY
Copper futures end lower on worsening China virus concerns
Jan-24-2020

Copper futures ended lower on Thursday due to growing concerns over spreading of the Chinese coronavirus that has killed 25 people and infected at least 830, although transport in the Chinese city of Wuhan remained closed as authorities tried to curb the spread of the deadly new coronavirus. Copper prices were also weakened by the potential for a slowdown in economic growth globally.

Copper futures for March delivery shed $0.039 to settle at $2.7260 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended down 2 percent at $5,987 a ton.

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