Copper trading range for the day is 303.6-311.6. Copper prices dropped due to stronger dollar despite Chinese inflation data fuelled speculation on the prospect of further monetary.
Shanghai Futures Exchange copper inventories fell last week, while LME inventories in Asia increased, particularly in Singapore and South Korea.
Hedge funds and money managers sharply cut their bullish position in COMEX copper contracts to a five-week low in the week to April 5, government data showed.
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