Copper Slipped As The End Of A Strike At Peru's Biggest Copper Mine - Dollar Advisory | Best Commodity Tips Provider

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Monday 3 April 2017

Copper Slipped As The End Of A Strike At Peru's Biggest Copper Mine

Copper trading range for the day is 375-387.4. Copper slipped as the end of a strike at Peru's biggest copper mine dampened fears of reduced supply that had driven the metal higher this quarter.

Chile's state copper company Codelco produced 1.83 million tonnes of copper in 2016, of which 1.71 million tonnes came from its wholly-owned.

Freeport-McMoRan Inc's Indonesian unit is close to reaching a deal that would allow the copper producer to temporarily resume concentrate exports.

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