COMMODITY
Copper futures end lower on Wednesday
Mar-04-2021

Copper futures ended lower on Wednesday. However, weakness in the US dollar after a Fed official said that the central bank would continue to purchase bonds to support the American economy, added support to copper prices and capped its fall. Meanwhile, most investors are keeping a close watch on the $1.9 trillion stimulus package.

Copper futures for May delivery lost $0.0800 to settle at $4.1420 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.75% at $9,101.50 a ton.

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