COMMODITY
Copper futures end lower as dollar strengthens
Jun-19-2021

Copper futures ended lower on Friday as dollar strengthened against its rivals after the shift in tone from the US central bank, which making metals more expensive for buyers with other currencies. Moreover, the world's top metal consumer China said it would sell metals from state reserves to limit prices, too adding some pressure on copper prices.

Copper futures for July delivery fell $0.0210 to settle at $4.1570 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 1.82 percent at $9,145.50 a ton.


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