COMMODITY
Copper futures end lower on Thursday
Mar-27-2020

Copper futures ended lower on Thursday, pressured by lingering worries over the corona virus pandemic outweighed a $2 trillion US stimulus package passed by the American Senate. Further, reports showing the number of Americans filing claims for unemployment benefits surged to a record of more than 3 million last week as strict measures to contain the corona virus pandemic, too pressuring copper prices.

Copper futures for May delivery lost $0.0260 to settle at $2.1780 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 1.05 percent at $4,804 a ton.

 

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