Copper trading range for the day is 323.7-329.1. Copper edged lower as LME prices dropped by 0.3%, with losses limited by expectations of a revival in Chinese demand. According to WBMS, in January-July this year, global copper supply shortage of 151,000 tons, the supply shortage gap was about 197,000 tons. Improvements within China's copper economy, coupled with the lack of further monetary easing, cap the downside for copper. For more Accurate COMMODITY TIPS ✆ – 0731-6642300Connect with our social media sites
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