Copper Prices Dipped Amid Scepticism Over The Chances For A Near Term Preliminary

Copper trading range for the day is 428.3-433.5.

Copper prices dipped amid scepticism over the chances for a near-term preliminary trade deal between Washington and Beijing

China has issued a seventh batch of import quotas for scrap metal, including 17 quotas for a total of 7,970 tonnes of high-grade copper scrap.

Some cities in Hebei province are required to implement level II anti-smog measures for three days as unfavourable weather may raise the risks of smog from December 7.

Warehouse stock for Copper at LME was at 193800mt that is down by -4625mt.

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