Copper Prices Gains as Chinese Liquidity Worries Ease

Copper Prices
  • China has been tightening regulations in its property sector, which consumes a vast amount of metals, to ward off bubbles

Copper prices edged higher on Monday as investors were relieved that China, the world’s biggest metals consumer, might not be tightening credit as much as expected.

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BUY COPPER MCX FEB CMP OR 596 SL PAID TAGET OPEN

COPPER MCX

BUY COPPER MCX FEB CMP OR 596 SL PAID TAGET OPEN. Copper prices fell sharply on Wednesday with anxiety over a “third wave” of variant covid-19 spreading across the globe and a stronger US dollar pushing down the bellwether metal, often seen as barometer of the economy.

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MCX Copper Tips for Today – Copper Target 612.45 Hit Enjoy

MCX Copper Tips for Today

MCX Copper Tips for Today : Copper yesterday settled down by 1.61% at 605.3 as Chinas imports of unwrought copper and copper products fell for a third consecutive month to 512,332 tonnes in December 2020, marking a 8.7% drop from 561,310.7 tonnes in November and tanking to their lowest monthly level since May.

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