Tuesday 22 April 2014

CAPITAL STROKE COMMODITY UPDATE 23 APRIL 2014 : MCX COPPER



Copper trading range for the day is 404-414.8.
Copper gained as investors weighed a drop in the yuan against earlier data showing increased demand for the metal from top consumer China.
Copper prices continued to receive a boost from Monday's data from China, which showed imports of refined copper rising 48% in March.

US existing home sales rebounded in March to an annualized rate of 4.59 million, down 0.2% from February.

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