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02-Apr2019

Copper futures end lower as dollar strengthens

Copper futures ended lower on Monday as the dollar hit a two-week high against the yen as ebbing concerns about the global economy pushed US bond yields up from 15-month troughs. Copper prices retreated further after fresh data showed factory activity remained weak around the world last month.

Copper futures for May delivery lost 0.4 percent to settle at $2.9245 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 0.2 percent at $6,471 a tonne.


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