Wednesday 17 July 2019

Copper Prices Took A Break From A Strong Rally After Positive Industrial Output

Copper trading range for the day is 439.6-451.

Copper prices took a break from a strong rally after positive industrial output and investment data from top consumer China.

Better-than-expected industrial output and fixed asset investment data from China sent prices of most base metals higher.

China imported 1.47 million mt of copper concentrate in June, down from 1.84 million mt in May, showed data from China Customs.

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