Copper futures settle lower on Monday
Copper futures settled lower on Monday as traders assessed mixed economic data from the world's top metals consumer China. Copper prices weakened further on worries over the rising US government deficit and uncertainty surrounding trade deals with major countries. However, weakening American currency limited further falls in copper prices.
Copper futures for September delivery lost $0.0405 to settle at $5.0825 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.09 percent at $9,869 a ton.
