Wednesday 10 April 2019

Copper trading range for the day is 445.8-457.4

Copper trading range for the day is 445.8-457.4.

Copper prices dropped after the International Monetary Fund cut its global growth forecast.

China said it would relax residency curbs in many of its smaller cities and increase infrastructure spending to boost economic growth.

China also announced measures to encourage financing for small and medium-sized businesses. Warehouse stock for Copper at LME was at 198275mt that is up by 725mt.

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