LIVE FUTURES REPORT 07/05: Comex copper lowers on trade worries, strong dollar

May 08, 2019 / www.metalbulletin.com / Article Link

The United States copper price suffered another bout of selling pressure on Tuesday May 7 morning, with market participants increasingly pessimistic ahead of the Chinese and American trade talks.

The copper price for July settlement on the Comex division of the New York Mercantile Exchange dipped 3 cents to $2.7995 per lb. "The intensified selling pressure in the copper market since the start of the month is in line with our near-term cautious view,"...

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