Copper Prices Gained Buoyed Mostly By Supply Disruptions - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 14 March 2017

Copper Prices Gained Buoyed Mostly By Supply Disruptions

Copper trading range for the day is 383.4-388.2.

Copper prices gained buoyed mostly by supply disruptions after workers at Peru's top copper miner downed tools indefinitely late last week.

Workers at Freeport-McMoRan's Cerro Verde in Peru started an indefinite strike that halted output of about 40,000 tonnes per month.

This added to supply disruptions caused by a month-long stoppage at BHP Billiton's Escondida mine in Chile and Freeport's Grasberg mine in Indonesia.

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