Friday 30 May 2014

CAPITAL STROKE COMMODITY UPDATE 30 MAY 2014 :: MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-422 R1-416 S1-406 S2-400 .Copper dropped as investors were unnerved by China's latest efforts to ward off a sharp growth slowdownBut limiting losses in copper, LME stocks were near their lowest in almost six years, while SHFE stocks were near their lowest in 2-1/2 years.U.S. economy contracted in the first quarter for the first time in three years as it buckled under the weight of a severe winter.



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