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30-Mar2018

Copper futures end higher on Thursday

Copper futures ended higher on Thursday with trade war worries easing, but the industrial metal posted its first quarterly decline since 2015. Prices have fallen 7.9% this year, with investors uneasy over weak economic data out of China, the world's largest consumer of industrial metals, and trade tensions between the US and China.

Copper futures for May delivery rose and settled at $ 3.023 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange closed up 0.8 percent to $6,714 a metric ton.


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