COMMODITY
Copper futures trade lower on Monday
Mar-30-2020

Copper futures traded lower on Monday as concerns that prolonged worldwide shutdowns to curb corona virus spread will hurt the global economy. US President Donald Trump is extending federal guidelines recommending people stay home for another 30 days until the end of April as the corona virus continues to spread across the country.

Copper futures for May delivery fell $0.0140 to $2.1580 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.7 percent at $4,759.50 a ton.

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