Copper Dropped Driven By Trade And Political Worries As Well As A Strong Rise

Copper trading range for the day is 413.5-420.9.

Copper dropped driven by trade and political worries as well as a strong rise in American consumer confidence

Fears grew that a worsening confrontation between the United States and China will damage economic growth and metals demand.

ICSG said this month the roughly 24 million tonne a year market would see shortfalls of 189,000 tonnes this year and 250,000 tonnes in 2020.

Warehouse stock for Copper at LME was at 185575mt that is down by -250mt.

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