Shanghai Futures Exchange copper prices slid 0.5% on Tuesday as a dim mood in financial markets and lower spot prices dampened sentiment.
The exchange’s March copper contract settled at 55,140 yuan ($8,655) per tonne, down 250 yuan from last session. “Shanghai copper lacks direction, and the ailing local stock market also hit sentiment in commodities,” an analyst in Shanghai said. “We expect the market to remain in a holiday mood...