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The Wall Street Journal reported that copper prices were higher on Wednesday on the back of a stronger US dollar. Worries over weaker demand from China also weighed on the red metal.
The Wall Street Journal reported that copper prices were higher on Wednesday on the back of a stronger US dollar. Worries over weaker demand from China also weighed on the red metal.
As quoted in the press release:
Copper futures shed 2.1% to $2.24 a pound on the New York Mercantile Exchange, according to FactSet data. Earlier in the day, the London Metal Exchange’s three-month copper contract was down 0.43% at $5,041 a metric ton.
