Copper prices experienced a downturn on Monday, reflecting anxieties over sluggish industrial demand and the strengthening of the U.S. dollar. The price of copper for three-month delivery on the London Metal Exchange fell to $3,820 per tonne.

The persistent economic uncertainty continues to exert downward pressure on the copper market. Investors are wary of the potential for further declines in industrial activity, which is a key driver of copper demand.

A stronger dollar also contributed to the price decrease, making copper more expensive for buyers using other currencies. This can dampen demand and further weigh on prices.

Analysts are closely monitoring global economic indicators, such as manufacturing output and construction activity, for signs of a potential recovery. Any positive signals could help to bolster copper prices.

However, until there is clear evidence of a sustained economic rebound, copper prices are likely to remain volatile and susceptible to further declines.