Copper Gained As Prices Recovers On Short Covering After Prices Dropped

Copper trading range for the day is 371.4-381.2. Copper picked up as costs recoups on short covering after costs dropped in drooped to the most minimal in four weeks after stockpiles moved in London. LME copper stocks have surged 62 percent or around 130,000 tons in the previous nine days, LME information appeared. Sizeable shrouded copper stock forms in the ex-China market could weigh on costs.

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