Copper Prices Ended With Losses As Pressure Continues As Inventories - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 20 December 2016

Copper Prices Ended With Losses As Pressure Continues As Inventories

Copper trading range for the day is 366.2-388. Copper costs finished with misfortunes as weight proceeds as inventories heap up in front of year-end. Macquarie says sees normal 2017 copper value figure at $5,350 per ton, sees 2018 copper viewpoint at $5,100 a ton. Speculative stock investments and cash supervisors raised their net long position in copper fates and choices to a record for the 6th straight week.

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