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27-Apr2018

Copper futures end lower on Thursday

Copper futures ended lower on Thursday as the dollar bolstered by strong economic data, as well as by rising U.S. Treasury yields. A firmer US currency makes dollar-denominated metals more expensive for non-US firms.

Copper futures for May delivery fell 0.7 percent to settle at $3.114 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange ended down 0.6 percent at $6,965 a metric ton.



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