Copper Prices Dropped As Pressure Seen After Data - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 14 December 2016

Copper Prices Dropped As Pressure Seen After Data

Copper trading range for the day is 379.8-398.2. Copper costs dropped as weight seen after information demonstrated another enormous inflow of inventories into LME-ensured distribution centers. More than 50,000 tons of copper has landed in the space of two days, sending on-warrant copper stocks up 47 percent to 160,375 tons China's copper imports surged 31 percent in November from the earlier month to 380,000 tons, the most elevated since June, traditions information appeared.

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