MCX Copper / Nickel Trading Tips: Copper yesterday settled down by 0.17% at 761.6 as dropping premium signalled demand weakness in top consumer China at a time when prices were edging near a record high in London.
mcx copper trend
Copper price reaction to Chilean copper strike | Neal Bhai
Copper supply and production costs: Copper price mining is primarily focused within South America which can have a large bearing on the price of copper. Shortage of supply, quality of copper and the variations in production costs can all have resultant impacts on price. This leads on to country specific risk which can affect supply due to political instability or work related issues.
MCX COPPER / NICKEL TIPS TODAY ALL TARGET HIT – Neal Bhai
- MCX COPPER TRADING TIPS ALL TARGET HIT 755 TO 762.75
- MCX NICKEL TRADING TIPS ALL TARGET HIT 1291 TO 1308.70
Copper Hits Highest Since 2011 as Global Recovery Powers Metals
Copper climbed to the highest in almost a decade as the global recovery from the pandemic extended a rally in metals markets.
Copper MCX All Target Hit 732 to 744 Premium Member Mint Money 👍
COPPER PRICES NEARING YEARLY HIGH
Just three weeks ago, copper prices were in the midst of an extended losing streak, spurred on by a jump in global bond yields. With investors shifting asset allocations amidst higher sovereign rates, growth-sensitive assets – base metals, energy, tech stocks – took a back seat.
MCX Copper Target For Today: Copper 708.80 to714.40 🔥🔥🔥
MCX Copper Target For Today: MCX Copper price yesterday settled by 0.83% at 706.35 as strong Chinese inflation data raised fears that the world’s biggest metals consumer will tighten monetary policy, though expected supply tightness kept prices on course for a weekly gain.