COMMODITY
Copper futures trade higher in early deals on Monday
May-11-2026
Copper futures are trading higher in early deals on Monday driven by severe supply constraints and robust industrial demand. Although, some gains are being limited by a firm dollar and oil prices soaring above $105 per barrel after Israeli Prime Minister Benjamin Netanyahu warned that the conflict with Iran was not over, and the US President Donald Trump rejected Iran’s counteroffer to end the war.

Copper futures for July delivery rose $0.0325 or 0.52% at $6.3290 a pound on the Comex metals division of New York Mercantile Exchange.
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