Copper Price Falls Amid Fed Uncertainty and Codelco Supply Relief

Post Views: 300 Codelco Copper Copper Price Decline Driven by Fed Signals Copper extended losses on Tuesday as investors reacted to conflicting signals from the US Federal Reserve. The three-month copper contract on the London Metal Exchange fell to $10,855 per tonne, while COMEX copper traded near $5.013 per pound ($11,050/t). Rising US dollar strength added to the pressure on base metals, despite last week’s gains driven by global supply disruptions. Analysts note that uncertainty about upcoming interest rate moves is limiting investor appetite for commodities.   Codelco Supply Relief E...