Copper Edged Higher Reversing Losses That Led Prices To Trade

Copper trading range for the day is 373.7-387.1. Copper edged higher reversing losses that led prices to trade at a one-week low, as stocks recovered slightly and investors closed out short positions. 

Prices earlier in the day dropped on concerns that U.S. President Trump had yet to implement mooted tax cuts and infrastructure spending.

Copper stocks in China's Shenzhen are seen as ample, while China smelters are still not rushing to buy spot copper concentrate shipments.

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