Copper Edges Lower as Traders Await Return of China Demand

Copper edged lower as investors waited for demand from industrial users in top buyer China to rebound after the Lunar New Year break.

Futures were down 0.1%, halting a two-day rally that had been aided by Chinese investors who cheered US President Donald Trump’s new 10% global tariffs, which effectively lowered the duty on goods shipped to the US from the Asian nation.