Copper Prices Remained Supported Amid Signs That Supply Cuts Linked - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 13 December 2017

Copper Prices Remained Supported Amid Signs That Supply Cuts Linked

Copper trading range for the day is 429.3-437.9.

Copper prices remained supported amid signs that supply cuts linked to an environmental crackdown by Beijing will lead to greater import demand.

China issued an "action plan" in 2013 to reduce pollution caused by industrial plants, followed by provincial contracts and further policies.

South Korea is seeking to buy 2,000 tonnes of copper for March arrival, state-run Public Procurement Service.

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