Copper futures trade lower on Tuesday
Copper futures traded lower on Tuesday due to concerns over an uneven economic recovery in the world’s top metal consumer China following data showed industrial profits slumped in the first four months of 2023. Although, news that the US reached a debt ceiling deal over the weekend, limited further fall in copper prices.

Copper futures for July delivery lost 1.13% or $0.0415 at $3.6405 a pound on the comex metals division of New York Mercantile Exchange.