Copper Falls Below 50 dma Intraday

Copper prices fell below the 50 day moving average of 354.41 before rebounding to close at 357.35 in trading on Monday.

Strength in the US Dollar is continuing to pressure copper prices.

Copper futures for June delivery in Shanghai fell 0.9 percent, or 600 yuan, to 63,760 yuan ($9,039) a ton, and closed at 63,960 yuan a ton.