Copper Trading Range For The Day Is 359.1-377.7

Copper trading range for the day is 359.1-377.7. Copper gained in response to a retreat in the U.S. dollar from its recent peaks and evidence of tightening supply. The global world refined copper market showed a 5,000 tonnes deficit in March, compared with a 102,000 tonnes surplus in February, industry data showed. National Bureau of Statistics (NBS) data showed China's copper cathode output increased 6.8% on a yearly basis to 727,000 tonnes in May. Warehouse stock for Copper at LME was at 259300 mt that is down by -2775 mt.

For Commodity Market Tips click here https://www.justdial.com/Indore/Ripples-Advisory.

You May Also Like

0 comments

Note: only a member of this blog may post a comment.