Copper trading range for the day is 408.9-422.5. Copper gained on a softer dollar, though worries about Chinese demand capped gains as the country’s trade dispute with the United States drags on. The global world refined copper market showed a 31,000-tonne deficit in May, compared with a 105,000-tonne deficit in April, ICSG said. China's copper producers and traders are riding an unexpected surge of business that has pushed physical prices to their highest in nearly two years. Warehouse stock for Copper at LME was at 267075mt that is up by 125mt.
Subscribe now for best COMMODITY TIPS
For quick free trial click here < 911 133 9000
Connect with our social media sites
| YouTube | Google+ |
0 on: "EPIC RESEARCH MCX COPPER UPDATE OF 27 AUGUST 2018"