Thursday, 10 May 2018

Copper Rose As Expectations For Solid Demand This Quarter Helped The Metal Claw Back

Copper trading range for the day is 453.7-460.7.

Copper rose as expectations for solid demand this quarter helped the metal claw back some lost ground.

Copper output in Chile, rose 18.9 percent in the first quarter of 2018 from the same period a year earlier to 1.42 million tonnes.

Copper stocks in London Metal Exchange-registered warehouses fell to 293,025 tonnes, their lowest since late January, exchange data showed.

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