COMMODITY
Copper futures end lower on global growth concerns
Aug-13-2019

Copper futures ended lower on Monday due to concerns over the global economic outlook that has been fuelled by the escalating trade war between the United States and China. Moreover, US President Trump said last Friday he was not ready to make a deal with China and even called a September round of trade talks into question, put further pressure on metal demand.

Copper futures for September delivery fell 0.2 percent to settle at $2.585 a pound, on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended down 0.2 percent at $5,742 a ton.

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