Copper Prices Dropped As The Demand Outlook Remained Clouded

Copper trading range for the day is 441.9-449.5.

Copper prices dropped as the demand outlook remained clouded by the U.S.-China trade dispute.

China and the United States are discussing face-to-face trade talks that were scheduled to be held in the United States in September.

China copper output will grow less than previously expected this year, citing the slowerthan-expected ramp-up of new capacity and unexpected disruptions at some smelters.

Warehouse stock for Copper at LME was at 336575mt that is up by 1875mt.

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