US copper futures dipped into negative territory early on Wednesday, tracking a negative reversal in equity markets after unexpectedly soft retail sales data added to evidence of a moderating economic recovery. Copper for September delivery down 1.50 cents at $3.0025 per lb by 10:18 am EDT (1418 GMT) on the COMEX metals division of the New York Mercantile Exchange.
Range from $2.9995 to $3.0560. COMEX estimated copper futures volume at 14,536 lots by 10 am.
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