SEBI Registration NO.---- INA000001530 Investment in stock and commodity market are subject to market risk. Please do not trade on those tips which are not provided through SMS or messenger.
Copper futures surge on Chinese trade data, Have a Look!

Copper futures surge on Chinese trade data, Have a Look!

Copper futures were trading bigger during afternoon trade in the domestic market on Wednesday as investors & speculators extended their positions in the industrial metal after upbeat Chinese trade data eclipsed an overall drop in the country’s imports of refined metal. China unexpectedly posted a rare trade deficit in February as imports surged far more than expected to feed a months-long construction boom. At the MCX, copper futures for April 2017 contract is trading at Rs 387.60/kg, upward by 0.21 %, after opening at Rs 387.30, against a last close of Rs 386.80. It touched the intra-day high of Rs...
Copper Market Updates for 3 March 2017

Copper Market Updates for 3 March 2017

Copper trading range for the day is 392.2-407.4. Copper dropped as trader booked there long position tracking stronger dollar overwhelmed ongoing supply disruptions Chinas factory activity expanded faster than expected in February as domestic and export demand picked up. U.S. consumer spending cooled in January as demand for automobiles and utilities fell, but inflation recorded its biggest monthly increase in four...
Copper futures dip on strong dollar, Have a look!

Copper futures dip on strong dollar, Have a look!

Copper futures were trading lower during the evening trade in the domestic market on Wednesday as investors and speculators exited their positions in the industrial metal on strength in the US dollar. However, ongoing supply worries from industrial action in Chile & an Indonesian export permit dispute supported copper prices. A stronger greenback erodes buying power for those paying for dollar-denominated commodities with other currencies. At the MCX, copper futures for February 2017 contract is trading at Rs 401.50/kg, downward by 0.93 %, after opening at Rs 403.20, against a last close of Rs 405.25. It touched the intra-day low of Rs...
Copper prices dropped on hopes strike talks would restart

Copper prices dropped on hopes strike talks would restart

Copper trading range for the day is 392.7-420.5. Copper prices dropped on hopes strike talks would restart at the world’s biggest copper mine in Chile. Striking workers at Chiles massive Escondida copper mine have accepted a government invitation to try to resume dialogue with mine operator BHP Billiton The news hit a market worried that funds who have taken bullish positions might be ready to sell on any signal that the strike may be...
Copper gained as prices rose to their highest level in nearly a week after workers

Copper gained as prices rose to their highest level in nearly a week after workers

Copper trading range for the day is 388-402.4. Copper gained as prices rose to their highest level in nearly a week after workers at the world’s largest copper mine prepared to strike. Workers at the Escondida mine, voted last week to strike after rejecting an offer from management that they said cut into their benefits. Talks between management and the union broke down after a period of government...
2
 
error: Content is protected !!