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27-Dec2018

Copper futures end higher on Wednesday

Copper futures ended higher on Wednesday. Though, investor worries over slowing global growth and tightening monetary conditions in the United States, capped some gains. There are also signs the Sino-US trade dispute is hurting growth in China, the world's top metals consumer, too pressurising copper prices.

Copper futures for March delivery gained $0.0390 to settle at $2.70 a pound, on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended down 0.6 percent at $5,955.50 a tonne.   


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