Copper Rose With Investors Tempted By Falling Stockpiles - Dollar Advisory | Best Commodity Tips Provider

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Monday 15 May 2017

Copper Rose With Investors Tempted By Falling Stockpiles

Copper trading range for the day is 356.7-362.5.

Copper rose with investors tempted by falling stockpiles and as Chinese authorities' move to ease monetary policy spurred growth hopes.

Chinese banks extended 1.1 trillion yuan ($159 billion) in net new yuan loans in April, above expectations.

SHFE Copper warehouses stocks fell to 194,993 tonnes, their lowest since Jan. 20.

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