Mar 21, 2017 01:48 PM IST | Source: Moneycontrol.com

Copper to trade in 379.9-393.3: Achiievers Equities

According to Achiievers Equities, Copper dropped on worries about demand after G20 ministers dropped a pledge to keep global trade free and open weighed on prices.

Copper to trade in 379.9-393.3: Achiievers Equities

Achiievers Equities' commodity report on Copper

Copper trading range for the day is 379.9-393.3.

Copper dropped on worries about demand after G20 ministers dropped a pledge to keep global trade free and open weighed on prices.

The labor union at Escondida called a fresh offer of talks by management to end a 39-day strike "manipulative".

Hedge funds and money managers trimmed their bullish position in copper by 4700 lots to  52449 lots, the lowest since early Nov, US CFTC data showed.

SELL COPPER APR 2017 @ 388.00 SL 392.00 TGT 384.80-381.00.MCX.

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