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HANOI- Copper prices fell on Thursday as a stronger dollar made greenback-priced metals more expensive to holders of other currencies and offset the support from supply threats in Chile.
Three-month copper on the London Metal Exchange fell 0.5 percent to $9,930.50 a ton while the most-traded July copper contract on the Shanghai Futures Exchange declined 0.6 percent to 71,450 yuan ($11,177.69) a ton.
The dollar found support from emerging views the Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, and as traders await crucial US inflation data this week. – Reuters
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