Copper Prices Fell Despite Optimism Around Planned U.S.-China

Copper trading range for the day is 437.6-442.

Copper prices fell despite optimism around planned U.S.-China trade talk next week.

LME copper stockpiles jumped 14% to a one-year high at 272,500 tonnes, data released showed, pressuring copper prices.

China's air conditioning output in July might fall more than the level seen in the same month of previous years, indicating weaker demand.

Warehouse stock for Copper at LME was at 271525mt that is down by -975mt.

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