Tuesday, 11 March 2014

CAPITAL STROKE COMMODITY UPDATE 12 MARCH 2014 : MCX COPPER

Copper trading range for the day is 391.4-420.6.


Copper dropped as growing concerns over the health of China’s economy dampened demand for growth-linked assets.

The significant decline in China’s exports led to a deficit of $22.98 billion last month, compared to a surplus of $31.86 billion in January.

Copper daily stocks at Shanghai exchange came up by 2492 tonnes

Warehouse stock for Copper at LME was at 257600mt that is down by -7800mt.

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