COMMODITY
Copper futures settle lower on Friday
Jul-18-2026

Copper futures settled lower on Friday, as escalating tensions in the Middle East stoked inflation fears and raised concerns that central banks will maintain high interest rates, which weighed on the global industrial demand. However, rising supply concerns after a powerful storm swept across top producer Chile, along with expectations of lower output lent some support to red metal prices.

Copper futures for September delivery fell $ 0.0770 to settle at $ 6.2650 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.54% at $13,525.50 a ton.

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