Copper Eased On Mounting Concerns That Escalating Trade Tariff Spats

Copper trading range for the day is 415.6-426.2.

Copper eased on mounting concerns that escalating trade tariff spats could dent demand, although a weaker dollar cushioned losses.

The global world refined copper market showed a 98,000 tonnes deficit in April, compared with a 66,000 tonnes surplus in March, the ICSG said.

Labor negotiations at Chile’s Escondida copper mine, are frozen without signs of progress toward an agreement just over a week before the current contract expires.

For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory