Wednesday, 13 November 2019

Copper Dropped After Trump Said That Trade Talks With China

Copper trading range for the day is 438.4-441.4.

Copper dropped after Trump said that trade talks with China were moving along "very nicely", though uncertainty remained whether a deal would be signed this year

Concerns of a drop in copper demand also weighed on prices, after China reported weak imports of the metal.

China's copper imports fell 3.1% in October from the previous month, customs data showed.

Warehouse stock for Copper at LME was at 229350mt that is down by -4850mt.

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