MCX Copper Tips Today – Copper Selling Call Rocking
Watch MCX Copper Price 440—432.70 – Loot Lo Dabbe Wale Ko
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MCX Copper Tips Today – Copper Selling Call Rocking
Watch MCX Copper Price 440—432.70 – Loot Lo Dabbe Wale Ko
BASE METAL TIPS – MCX Copper settled down 0.11% at 440.85 as China’s factory activity is expected to have contracted for a fifth straight month in September. Pressure also seen after the release of a whistleblower complaint against U.S. President Donald Trump added to uncertainties about the global economy, already reeling from the China-U.S. trade war.
MCX Copper Tips – MCX Copper settled down 0.93% at 443.4 as the market awaited news from the US-China trade talks. The steady economic growth pace in the United States was also underscored by other data showing home resales rising in August to a 17-month high.
The premium of LME nickel cash over the three-month contract fell further to a three-week low of $15 a tonne, indicating a supply crunch has eased. Manufacturing activities across nickel downstream sectors barely improved from a month ago in August, remaining in contraction for the fifth consecutive month, showed an SMM survey on Wednesday September 4.
Copper on MCX settled down 1.08% at 445.45 amid market expectations of a U.S. rate cut and as U.S. and Chinese officials meet in Shanghai to discuss their year-long trade dispute.