LIVE FUTURES REPORT 02/04: Comex copper fails to maintain momentum

Comex copper prices dipped on Tuesday April 2 morning in the United States amid a stronger dollar, weak domestic data and a lack of follow-through buying from the weekend.

The copper price for May settlement on the Comex division of the New York Mercantile Exchange fell 1.30 cents to $2.9115 per lb. A strong performance by the US dollar has dampened investors’ appetite for commodities this morning, in turn pressuring base metals’ prices. At last glance, the dollar index was up...

Published

Dalton Barker

April 02, 2019

16:15 GMT

Chicago