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Trade worries have punished copper prices, pushing them down 20% from their June four-year highs
Copper prices inched higher on Monday, supported by a weaker dollar despite the latest escalation in the trade fight between the U.S. and China.
Front-month copper for September delivery added 0.2% to $2.6335 a pound on the Comex division of the New York Mercantile Exchange. Trade worries have punished prices, pushing them down 20% from their June four-year highs with investors betting that tariffs will slow the Chinese economy and lower consumption of materials.