EPIC RESEARCH MCX COPPER UPDATE OF 12 JULY 2017
Posted by aditi on 12:17:00 with No comments
Copper trading range for the day is 376.6-386.2. Copper prices rose after a rapid build-up of inventories that has weighed on the market since late June halted and workers voted to strike at a mine in Chile, raising supply concerns. Workers at the Zaldivar copper mine in Chile, voted to approve a strike on Monday after talks with the company failed. Rodrigo Valdes, Chile’s Finance Minister, said the Ministry raised the average copper price forecast from $2.20 to $2.50 per pound as demand has shown signs of improving.
For MCX TIPS ✆ – 0731-6642300
Connect with our social media sites
YouTube | Google+ |
0 comments:
Post a Comment
Note: only a member of this blog may post a comment.