Copper to trade in 309.2-313.2 range: Achiievers Equities

According to Achiievers Equities,Copper prices dropped to the third weekly fa ll amid persistent signs of oversupply in the market.

October 24, 2016 / 15:11 IST

Achiievers Equities report on CopperCopperCopper trading range for the day is 309.2-313.2. Copper prices dropped to the third weekly fa ll amid persistent signs of oversupply in the market. China's exports of unwrought copper soared 121 percent in September from a year earlier to 27,848 tonnes, data showed.China's refined copper production jumped 7.2 percent in September from a year ago, data from the National Bureau of Statistics showed.SELL COPPER NOV @ 313.00 SL 315.20 TGT 310.00-307.60.MCX. For all commodities report, click hereDisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

first published: Oct 24, 2016 03:11 pm

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