Tuesday, 24 September 2019

Copper Trading Range For The Day Is 436.8-448.8

Copper trading range for the day is 436.8-448.8.

Copper prices remained under pressure as weak demand prospects were reinforced by the latest round of U.S.-China talks.

US and Chinese deputy trade negotiators met in Washington during September 19-20 in an effort to lay the groundwork for high-level discussions in early October.

The global world refined copper market showed a 21,000 tonnes deficit in June, compared with a 70,000 tonnes deficit in May, ICSG said.

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