Copper Dropped Below 392 Level Despite Interruptions In Supplies

Copper trading range for the day is 386.3-400.7. Copper dropped below 392 level despite interruptions in supplies at major mines around the world. 

Markets appear to be coming off recent peaks as investors price in a near-certain March U.S. interest-rate increase by the Fed.

Speculators cut their bullish position in Comex copper futures and options by 7,851 lots to 70,660 lots. US CFTC data showed.

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