Breaking News

You are here » Indian-Commodity  :  Commodities  :  Copper  :  Copper futures end lower on Monday

15-May2018

Copper futures end lower on Monday

Copper futures ended lower on Monday, as investors considered an increase in London Metal Exchange inventories and trade discussions between the US and China. Further, dollar strengthened and it makes copper and other dollar-denominated commodities more expensive for overseas buyers.

Copper futures for July delivery fell 0.6 percent to settle at $3.093 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange closed down 0.8 percent at $6,885 a metric ton.


Related News

View all news

Copper futures end lower on Monday

Copper futures ended lower on Monday as the market waited to see how the US-China trade dispute would develop after both countries imposed new tariffs on imports. US tariffs on $200 billion of Chinese......

Copper futures end higher on eased trade tensions

Copper futures ended higher on Friday as concerns about the impact of trade tensions on the global economy continued to ease after tariffs announced this week were set at lower rates than had been expected......

Copper futures end higher on weak dollar

Copper futures ended higher on Thursday, supported by a weaker US dollar, with the currency sliding to a seven-week low against a basket of major currencies. However, concerns over the health of the global......

Top News

View all news

Onward Network Technologies increases stake in Onward Technologies

Onward Technologies' promoter Onward Network Technologies has purchased 32,000 equity shares of the company through open market purchase for an amount of Rs 22,84,730. The transaction was executed during......

TCS features as leader for Life Sciences R&D Strategic Consulting Services

Tata Consultancy Services (TCS) has been named a leader for the second consecutive time, in the IDC MarketScape for Worldwide Life Science R&D Strategic Consulting Services. The company has extensive......

Vakrangee enters into distribution agreement with Aditya Birla Housing Finance

Vakrangee has entered into a distribution agreement with Aditya Birla Housing Finance, which shall offer distribution of Home Loan and other related products through Nextgen Vakrangee Kendras. This tie-up......