COMMODITY
Copper futures settle higher on Wednesday
Jun-30-2022

Copper futures settled higher on Wednesday even as investors continued to worry about inflation and assessing recession-related risks with caution. Meanwhile, copper prices are supported by strong demand expectations after the world’s top consumer China relaxed its Corona Virus quarantine mandates.

Copper futures for July delivery gained $0.0050 to settle at $3.7790 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 0.42 percent at $8,401 a ton.

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