Wednesday, 21 March 2018

Copper Dropped As Pressure After Data Showed LME Copper Inventories Grew

Copper trading range for the day is 434.7-451.1.

Copper dropped as pressure after data showed LME copper inventories grew by a further to 322,475 tonnes, bringing the gain this year to 61 percent.

China's refined copper output stood at 1.48 million mt in the first two months of this year, according to data from the Chinese customs.

Kazakhstan's January refined copper output jumped 7.5 percent year-on-year, Statistics Committee data showed.

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