Expect Copper prices to trade lower today

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Expect Copper prices to trade lower today

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According to Mcx Crude Operator Mumbai Report.

LME Copper costs listed higher by zero.3 p.c at $5699/t because the downward momentum in LME stocks continues for eighth consecutive day, to 308,000 tonnes, down by around nine p.c since seventeenth May’17.
Outlook
LME Copper costs square measure presently commercialism lower by zero.3 p.c at $5680/t. costs square measure expected to trade lower these days as investors can keenly watch United States of America NFP numbers due tonight. However, optimism within the Asian stocks markets can possible boost some risk appetency. we have a tendency to expect MCX copper costs to trade lower these days.


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