Copper futures end lower on Tuesday

Copper futures ended lower on Tuesday as US Treasury yields surged with bets that the US Federal Reserve may need to increase rates to address high inflation. Meanwhile, the Chinese government is determined to regulate the coal prices also make the copper sentiments under bearish pressure.

Copper futures for December delivery fell $0.0225 to settle at $4.7030 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.46 percent at $10,149.50 a ton.