LIVE FUTURES REPORT 07/05: Comex copper lowers on trade worries, strong dollar

The United States copper price suffered another bout of selling pressure on Tuesday May 7 morning, with market participants increasingly pessimistic ahead of the Chinese and American trade talks.

The copper price for July settlement on the Comex division of the New York Mercantile Exchange dipped 3 cents to $2.7995 per lb.  "The intensified selling pressure in the copper market since the start of the month is in line with our near-term cautious view,"...

Published

Dalton Barker

May 07, 2019

15:10 GMT

Chicago