COMMODITY
Copper futures settle lower as dollar strengthens
Mar-13-2026
Copper futures settled down on Thursday amid the US dollar’s strength against its major peers overseas as the Middle East conflict showed no signs of easing. Moreover, softening demand signals from China and increased supplies have also contributed to the decline. Copper prices weakened further as surging oil prices and rising inflation risks have led markets to significantly push back expectations for the next Federal Reserve interest rate cut. Meanwhile, investors are heavily focused on the January’s Personal Consumption Expenditures (PCE) Price Index due to be released on Friday for further cues.

Copper futures for May delivery fell $0.0235 to settle at $5.8680 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.33% at $12,999.50 a ton.
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