Copper trading range for the day is 430.2-441.2.
Copper gained on short covering after prices seen pressure as Washington-Beijing trade tensions resurfaced, raising concerns over demand in the China.
China expressed confidence that it can reach a trade deal with the United States, despite fresh warnings from President Trump that he would revert to more tariffs.
Premiums for imports of copper into China, sank to an 18-month low on Monday in a sign that demand for physical metal is waning after a buying spree.
Warehouse stock for Copper at LME was at 128200mt that is down by -1975mt.
Subscribe now for best COMMODITY TIPS
For quick free trial click here < +917316642316
Connect with our social media sites
| YouTube | Google+ |
0 on: "EPIC RESEARCH MCX Copper UPDATE OF 6 December 2018"