copper forecast
Big Profit Enjoy Copper 5 Lot Trade
ENJOY COPPER 5 LOTS SURE SHORT TIPS……. TRADE WITH NEAL BHAI AND MINT MONEY COPPER MCX 368.10 TO 371.80 Big Profit Enjoy Copper 5 Lot Trade | Gold Silver Reports | Neal Bhai Reports
Copper MCX Trading Levels Between 354—370
Gold Silver Reports — Technically Copper market is under short covering as market has witnessed drop in open interest by 7.23% to settled at 16868 while prices up 2.9 rupees.
Copper Derails as Shorting Continues
Gold Silver Reports — Domestic Copper prices faced the heat of events turning soar for bulls. The prices of MCX Copper declined by 1.26% to trade at Rs 368.50 per kg. Copper dipped to Rs 368 per kg on the evening session and tested a high of Rs 372.40 per kg on the higher side.
Copper Depressed By Sharp Downtrend
Gold Silver Reports ✅ — The prices of Copper were yet again depressed by renewed selling pressure. This decline is actually a extension of what was seen in Copper last day. The pressure also ignited as weekend is round the corner. Squaring off long positions continue with simultaneous building of short positions.
Copper Keeps Charming Traders and Investors
Gold Silver Reports ✅ — LME Copper prices averaged at $ 5644 per tonne by the end of March 2017 against $ 4942 per tonne by the end of March 2016, up 14.2% on a year on year basis. Meanwhile, losses of 5% were registered on a year on year basis from $ 5941.55 per tonne during February 2017.
Copper MCX Upside Resistance 388 Sell on Rise
Gold Silver Reports — Technically MCX Copper market is under long liquidation as market has witnessed drop in open interest by -0.94% to settled at 11840 while prices down -1.1 rupees.
Copper Gains Sharply On Short Covering
Gold Silver Reports — Deprived Copper showed confidence marking gains of 1.66% in the session gone by. At the time of closing Copper was at Rs 385.25 per kg. On the higher side, Rs 385.60 per kg was noted while on the lower side, Rs 377.35 per kg was tested.
Copper Tests One Week Low
Gold Silver Reports — The International Copper Study Group (ICSG) published the latest monthly report showed in December 2016, global copper supply surplus of 17000 tons, the total shortage of 5,500 tons in whole year, was below the supply shortages of 164000 tons for 2015. ICSG data showed that in December last year, the mine produced 1.771 million tons, global mine production capacity reached 2.035 million tons, mining capacity utilization rate was 87%.
COPPER LOWER AFTER ESCONDIDA STRIKE GETS RESOLVED
Gold Silver Reports — MCX Copper slipped today following resumption of operations at a key global mine. The strike at Chiles Escondida, the worlds largest copper mine, is ending after workers decided to invoke a rarely used legal provision that allows them to extend their old contract, the union said on Thursday. The strike halted operations for more than 40 days.