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08-May2018

Copper futures end tad lower on Monday

Copper futures ended tad lower on Monday as dollar strengthened against a basket of currencies. A stronger dollar makes copper and other dollar-denominated commodities more expensive for overseas buyers. Meanwhile, the London Metal Exchange was closed on Monday for a bank holiday weekend.

Copper futures for July delivery fell 0.2 percent to settle at $3.079 a pound on the Comex metals division of New York Mercantile Exchange.



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