In London, copper slumped by 3% to $5844.75 per tonne, despite ongoing supply disruptions.
Indonesian President Joko Widodo told reporters yesterday that the government was keen to find a "win-win" in its dispute with Grasberg owner Freeport-McMoRan.
In softer commodities, cocoa increased $37 per tonne or 1.82% to $2067/t yesterday from $2030/t in the previous trading session, tradingeconomics.com reported. Historically, cocoa reached an all-time high of $4361.58/t in July of 1977 and a record low of $211/t in July of 1965.
Coffee increased 0.85c per pound or 0.57% to 150.05c/lb yesterday from 149.20c/lb in the previous trading session, trading economics.com reported. Historically, coffee reached an all-time high of 339.86c/lb in April of 1977 and a record low of 42.50c/lb in October of 2001.