LIVE FUTURES REPORT 22/04: Comex copper prices soften to open new week

The US copper market began trading in the red on Monday April 22, with market participants bearish despite a softer dollar and growing optimism of a breakthrough in American and Chinese trade talks.

The copper price for May settlement on the Comex division of the New York Mercantile Exchange inched down by 1.8 cents to $2.902 per lb.  "Risk sentiment has had a negative start despite reports China and the United States have set a tentative timeline for the next round of face-to-face trade discussions, which authorities are considering stimulus for the auto market," Fastmarkets MB analyst James...

Published

Dalton Barker

April 22, 2019

17:04 GMT

Chicago