Copper trading range for the day is 406.3-417.9.
Copper prices steadied on investor hopes that Chinese measures to boost lending would be followed by progress in trade talks with the United States.
Prices were also supported by a weaker dollar after Federal Reserve Chairman Jerome Powell hinted that the pace of U.S. interest rate rises could slow.
U.S. and Chinese officials are meeting for the first face-to-face talks since the two countries agreed in December to a 90-day truce in a trade war.
Warehouse stock for Copper at LME was at 132350mt that is unchange mt.
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 9 January 2019"