EPIC RESEARCH MCX Copper UPDATE OF 21 January 2019

Posted by Commodity Updates by Epic Research on 11:42:00 with No comments

Copper trading range for the day is 421.9-434.5.

Copper prices rose on optimism that the United States and top metals consumer China are closer to resolving their long-running trade dispute.

Prices also seen support as market sentiment improved on hopes of a second Brexit referendum.

Chile's Cochilco state copper commission maintained its average price prediction of $3.05 per pound for 2019, rising to $3.08 for 2020.

Warehouse stock for Copper at LME was at 135100mt that is up by 125mt.

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > +917316642316

Connect with our social media sites