According to Achiievers Equities, Copper prices gains with encouraging import data from China and improved prospects for the global economy supporting prices.
Achiievers Equities' commodity report on Copper
Copper trading range for the day is 379-386.6.
Copper prices gains with encouraging import data from China and improved prospects for the global economy supporting prices.
China’s imports of copper ore and concentrate rose 4.44% on a yearly basis to 1.41 million tonnes in June, China Customs reported.
Total copper ore and concentrate imports were 8.28 million tonnes in the first six months of this year, a rise of 3.6% a yearly basis.SELL COPPER AUG 2017 @ 385.00 SL 388.50 TGT 381.80-378.50.MCX.
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