Copper trading range for the day is 431-441.4. Copper rose as prices extended a correction from last week’s sharp fall, but moves were muted ahead of an expected interest rate increase from Fed. A strike is going to hit Teck Resources’ copper mine Quebrada Blanca in Chile due to a failure to agree on contracts mediated by the government. Barclays will raise copper price forecast in 2018 from $5,725/mt to $6,175/mt, the bank said.
For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664