Copper Prices Trade Under Sideways; China Data in Focus

Copper prices are trade under sideways in early Asian trade, with the tone of the session likely to be set by newly released China CPI and PPI figures, which should provide cues on the country’s economic growth. While the price of base metal is likely to remain under pressure if macroeconomic headwinds persist, any shift in sentiment could lead to gains for industrial commodities, say GSR (GoldSilverReports) analysts in a note. The three-month forward LME copper contract is flat at $8,347 a ton. (

Spread the love

Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

4 thoughts on “Copper Prices Trade Under Sideways; China Data in Focus”

  1. Three-month copper (तांबा) on the London Metal Exchange (लंदन मेटल एक्सचेंज) copper fell 0.9% to $8,300 per metric ton, while the most-traded July copper contract on the Shanghai Futures Exchange copper eased 0.1% to 66,800 yuan ($9,353.65) per metric ton.

Leave a Comment