Copper futures trade lower on Monday
Copper futures were trading lower on Monday as the US dollar strengthened against its major peers overseas as investors sought safety amid joint strikes by the United States and Israel on Iran over the weekend. Meanwhile investors are maintaining a cautious outlook ahead of China’s Two Sessions parliamentary meeting, set to start on March 4, where the 15th Five-Year Plan and 2026 economic targets will be revealed.
Copper futures for May delivery fell $0.0270 or 0.45% at $6.0325 a pound on the Comex metals division of New York Mercantile Exchange.
