Copper Trading Range For The Day Is 367.4-377.6 - Ripples Advisory Pvt Ltd

Copper traded in range weighed down by concerns about oversupply as the world's top two copper mines look to recover from disruptions. Copper has faltered after BHP Billiton restarted production in Chile last week, it was waiting for final details on a temporary export permit in Indonesia. Concerns over supply disruptions had sent the metal to a 1-1/2 year high of $6,204 in mid-February.

Trading Ideas:

*Copper trading range for the day is 367.4-377.6.

*Copper traded in range weighed down by concerns about oversupply as the world's top two copper mines look to recover from disruptions.

*Prices have faltered since shipments resumed from BHP Billiton's Escondida mine in Chile.

* A Southern Copper Corp spokesman said its operations in Peru were near normal as workers started an indefinite strike, despite sources said 80% of capacity was affected.

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