Commodity Market Tips: Copper Futures End Lower On Tuesday

Comex copper futures ended lower on Tuesday, while London copper prices too fell as its rebound from Friday’s 2 percent drop was arrested by concerns that the market had become overextended during this month’s push to three-year highs above $7,000 a tonne. Copper futures for December delivery fell 0.4 percent to settle at $3.101 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange ended down 0.4 percent at $6,839 a metric ton.

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