BASE METAL TIPS

MCX Base Metal Tips

✅ MCX Base Metal Tips – Free Base Metal Intraday Trading Tips for Today with Target & Stop Loss, Best Live base metal trading tips providers, Neal Bhai.

✅ In mining and economics, the term base metals refers to industrial non-ferrous metals excluding precious metals. These include aluminium, copper, lead, nickel and zinc.

✅ A Base Metal is a common and inexpensive metal, as opposed to a Precious Metal such as Gold or Silver.

✅ In contrast to noble metals, base metals may be distinguished by oxidizing or corroding relatively easily and reacting variably with diluted hydrochloric acid (HCl) to form hydrogen. Examples include iron, nickel, lead and zinc. Copper is also considered a base metal because it oxidizes relatively easily, although it does not react with HCl.

Copper Spread Widens to Most in More Than 25 Years on Supply Squeeze

October 20, 2021 5:03 AM by Neal Bhai CFA Technical Analyst

The copper market is so tight that spot contracts traded at the biggest premium over futures in at least 27 years in London.

Copper Spread Widens to Most in More Than 25 Years on Supply Squeeze via @goldsilverrepor

Copper Set to Rule Around $10,000 a Tone in The Short-Term | Neal Bhai

October 19, 2021 7:56 PM by Neal Bhai CFA Technical Analyst

Copper prices are set to rule firm around $10,000 a tonne in the short-term as inventories have hit a record low following production cuts in the wake of power crunch in Europe and China despite a drop in manufacturing activities.

Copper Set to Rule Around $10,000 a Tone in The Short-Term | Neal Bhai via @goldsilverrepor

Copper MCX Analysis : Copper Above 795 Target 818——838 | Neal Bhai

October 19, 2021 1:53 PM by Neal Bhai CFA Technical Analyst

Copper is continuing a steady march higher despite the US Dollar strengthening today. It is approaching all-time highs on a run down in inventory, as energy costs hinder production capacity. After rallying 10% last week, Comex futures are trading 1% higher in Asia ahead of the London Metals Exchange (LME) opening.