Gold Silver Reports – Cut in Fees for Smelters is a Risk for Domestic Copper Producers | Copper smelters and miners are in a standoff over the annual benchmark rates for copper treatment and refining charges (TC/RCs). India’s custom copper smelters, run by Hindalco Industries Ltd and Vedanta Ltd, will be keenly awaiting the final outcome. Investors should too. These charges are one determinant of their copper division’s profits in the forthcoming fiscal year.
copper mcx
Copper MCX Sell on Rise, Trading Zone Between 432—448 Levels
Gold Silver Reports – Technically Copper MCX market is getting support key at 436 and below same could see a test of 432 levels and resistance key is now likely to be seen at 445, a move above could see prices testing 448.
Copper MCX Market Resistance Key Level 432
Gold Silver Reports – Copper MCX Market Resistance Key Level 432 – Technically Copper market is under short covering as market has witnessed drop in open interest by 5.04% to settled at 13774 while prices up 1.15 rupees.
Copper May Enter Corrective Phase
Gold Silver Reports — Copper May Enter Corrective Phase — Copper prices have been in a tremendous rally since bottoming out at around Rs.354 in early May, prices have since gained over 27% to reach a high of Rs.451.35 today.
MCX Copper Intraday Trading Key between 412-430
Gold Silver Reports — Technically Copper market is getting support at 416 and below same could see a test of 412 level, And resistance is now likely to be seen at 428, a move above could see prices testing 430.
Agri Commodities Preview: NCDEX Soyabean Futures To Witness More Selling
Gold Silver Reports — The NCDEX Soyabean futures are likely to remain under pressure in the coming days on the account of favourable rainfall in major soyabean sowing states along with bearish cues from global market.
