COMMODITY
Copper futures settle down on Thursday
Feb-20-2026
Copper futures settled down on Thursday as market participants remain cautious about the near-term demand outlook amid the absence of major Chinese buyers during the Lunar New Year holidays and focused on the Federal Reserve’s next move on interest rates. Moreover, rising exchange-tracked inventories, stronger US dollar following robust US economic data and hawkish comments from Fed Governor Stephen Miran have also contributed to copper’s decline.

Copper futures for March delivery fell $0.0645 to settle at $5.7385 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.79% at $12,809 a ton.

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