Commodity Copper Trading Tips; Copper prices on Friday traded up by 24 per cent at Rs 785.75 per kg in the futures market on the back of a pick-up in the spot demand.
On the Multi Commodity Exchange, copper contracts for delivery in May traded higher by Rs 5.90, or 0.77 per cent, at Rs 776.55 per kg in a business turnover of 5,208 lots.
Copper Tips: MCX Copper Price Forecast – Critical Levels 768, If Close Target 800+
Analysts attributed the rise in copper prices to raising of bets by participants driven by a pick-up in the spot demand.
हमारी फ्री सर्विस और लोगो की paid सर्विस से कई गुना अच्छी है।
आपको हर दिन दिए जाएंगे 3 से 5 कॉल बिलकुल फ्री
हर CALL में PROFIT दिये जायेंगे
तो जल्दी से CHANNEL को JOIN कर लो (NEAL BHAI REPORTS)
JOIN US CLICK HERE
How to Trade the Free MCX copper Tips? MCX Copper Short Term Tips
- Commodity copper Trading Tips, copper trend and range for the today is 770—790.
- MCX Copper gained as investors switched to cyclicals amid hopes of a strong economic recovery.
- Global copper smelting rebounded in April from the lowest levels in at least five years in the previous month as a price rally spurred more activity.
- China’s net imports of refined copper surged by 38% to 4.4 million tonnes last year, breaking all historical records.
Copper yesterday settled up by 1.25% at 770.65 as investors switched to cyclicals amid hopes of a strong economic recovery, while the Australian dollar fell after China said it would end economic dialogue with Canberra.
Global copper smelting rebounded in April from the lowest levels in at least five years in the previous month as a price rally spurred more activity, data from satellite surveillance of copper plants showed.
Investment flows into commodity funds so far this year have hit a record high, bolstered by a recovery in global economic activity and stimulus measures from governments around the world.
China’s net imports of refined copper surged by 38% to 4.4 million tonnes last year, breaking all historical records. The country’s call on metal from the rest of the world was a million tonnes higher than the previous peak in 2018 and 1.2 million tonnes more than was imported in 2019.
The global copper market should see a surplus of 79,000 tonnes this year and of 109,000 tonnes in 2022, the International Copper Study Group (ICSG) said.
सोशल मीडियाअपडेट्स के लिए हमें Facebook ( https://www.facebook.com/goldsilverreports/ ) और Twitter ( https://twitter.com/goldsilverrepor ) पर फॉलो करें।
The global world refined copper market showed a 28,000 tonnes surplus in January, compared with a 1,000 tonnes deficit in December, the International Copper Study Group (ICSG) said in its latest monthly bulletin.
Technical Power of CFA’s
(CHARTERED FINANCE ANALYST)
“No Magic, No Miracle, Just Power of Level”
[By Neal Bhai Reports / Gold Silver Reports]
हाजिर मांग में तेजी आने के बीच वायदा कारोबार में शुक्रवार को तांबा की कीमत 0.77 प्रतिशत की तेजी के साथ 776.55 रुपये प्रति किलो हो गयी। मल्टी कमोडिटी एक्सचेंज में मई माह में डिलीवरी होने वाले अनुबंध के लिये तांबा का भाव 5.90 रुपये यानी 0.77 प्रतिशत की तेजी के साथ 776.55 रुपये प्रति किलो हो गया। इसमें 5,208 लॉट के लिये सौदे किये गये। बाजार विश्लेषकों ने तांबा वायदा कीमतों में तेजी आने का श्रेय हाजिर मांग में तेजी की वजह से कारोबारियों द्वारा अपने
हाजिर मांग में तेजी आने के बीच वायदा कारोबार में शुक्रवार को तांबा की कीमत 23 प्रतिशत की तेजी के साथ 787.10 रुपये प्रति किलो हो गयी।
बाजार विश्लेषकों ने तांबा वायदा कीमतों में तेजी आने का श्रेय हाजिर मांग में तेजी की वजह से कारोबारियों द्वारा अपने सौदों के आकार बढ़ाने को दिया।
हाजिर मांग से तांबा वायदा कीमतों में तेजी