Copper Prices Gained Underpinned By Prospects Of Tighter Mine Supply - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 25 July 2017

Copper Prices Gained Underpinned By Prospects Of Tighter Mine Supply

Copper trading range for the day is 386.5-392.9.

Copper prices gained underpinned by prospects of tighter mine supply.

An estimated 5,000 workers at the giant Grasberg copper mine operated by Freeport-McMoRan Inc's Indonesian unit will extend their strike.

Hedge funds and money managers increased their net long position in copper by 7,706 lots to 74,233 lots, the highest since February.

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