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Copper, industrial metals fall as stronger dollar weighs
SINGAPORE: Copper drifted down on Wednesday, weighed by gains in the US dollar, which also pressured other industrial metals. Benchmark three-month copper on the London Metal Exchange was down 0.66% at $14,651 a metric ton by 0300 GMT. The most-traded copper contract on the Shanghai Futures Exchange edged 0.23% lower to 110,960 yuan ($16,550.57) a ton. The US dollar rose in choppy trading overnight, with volatile oil prices and geopolitical uncertainty buffeting traders. A more expensive dollar can weigh on dollar-denominated commodities such as copper by making them more expensive for buyers ...
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