COMMODITY
Copper futures settle higher on Tuesday
Apr-01-2026
Copper futures settled higher on Tuesday, supported by potential de-escalation in the Middle East conflict that has sent oil prices soaring and ‌fuelled fears of global inflation in recent weeks. Moreover, weakness in American currency has also made dollar-denominated commodities cheaper for international buyers and boosted global demand. The constrained supply outlook has also boosted copper prices.

Copper futures for May delivery rose $0.112 to settle at $5.6140 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.92% at $12,335.50 a ton.

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