Copper Settled Flat After Comments By The Chinese President Raised Hopes

Copper trading range for the day is 434-438.4.

Copper settled flat after comments by the Chinese president raised hopes that a trade deal would be struck with the United States.

Copper stocks across Shanghai bonded areas extended their increase, rising 5,800 mt from a week ago to 243,800 mt as of November 22.

LME copper inventories fell to 218,925 tonnes, the lowest since June 10, data showed.

Warehouse stock for Copper at LME was at 218925mt that is down by -3150mt.

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