Copper futures

Copper futures fell from a near 8-year high of $3.63 per pound hit last week, after a resurgence of a new faster-spreading variant of the Covid-19 virus in the UK threatened global economic recovery with further lockdowns and travel restrictions. However, the demand and supply fundaments remain supportive for the coal market, amid rising winter demand for heating and growing industrial activity along with tight supply in the biggest consumer China.

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