Copper Dwells Between Profits And Losses

LME Copper dwelled in profits and losses after the European trades. The prices were lower in Asian session but a minor pickup has been noted in the opening of European markets. Last night the calls of fall in China GDP brought pressure on the benchmark prices. When last seen Copper was trading at $ 7260 per tonne, up $ 25 per tonne. MCX Copper opened at Rs 410.5 per kg and was at Rs 411.5 per kg when last checked. The prices tested a intra day low of Rs 405.1 per kg before recovering.
Source by Commodity Insights