Feb 17, 2017 02:23 PM IST | Source: Moneycontrol.com
Copper to trade in 393.2-412 range: Achiievers Equities
According to Achiievers Equities,Copper prices dropped but recovered from 398.10 level as prices were supported on the prospect of lengthy supply disruptions.
Achiievers Equities' report on Copper
Copper trading range for the day is 393.2-412.
Copper prices dropped but recovered from 398.10 level as prices were supported on the prospect of lengthy supply disruptions.
The focus continued to be Chile's Escondida mine, where a strike over pay has reportedly been postponed while union o fficials hold mediated talks.
Renewed talks in Chile to end a week-long strike at Escondida have likely been delayed until at least Saturday SELL COPPER FEB 2017 @ 404.00 SL 407.20 TGT 401.20-398.20.MCX.
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