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London Metal Exchange copper futures for three-month delivery today fell 0.7 percent, or $45.92, to $6,559.75 per tonne.
London Metal Exchange copper futures for three-month delivery today fell 0.7 percent, or $45.92, to $6,559.75 per tonne, The Wall Street Journal states.
While the metal rose earlier in the day on worries about supply disruptions in Chile and the possibility of economic stimulus in China, it was also pressed down by investors selling en masse. “Given the weakness of late the market will remain vulnerable until confidence returns,” William Adams, head of research at FastMarkets.com, told the news outlet.
Meanwhile, copper futures for May delivery on New York’s COMEX rose 0.22 percent, or $0.006, to trade at $3.012 a pound, according to Investing.com.