Copper trading range for the day is 713.5-720.9 - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Aluminium
Observation
Aluminium trading range for the day is 194.7-197.1
Aluminum gains on short covering after prices dropped amid strong supply
China's Yunnan region ramps up aluminium production as power curbs eased
Data from May showed that aluminum imports into China grew 1.8% from the corresponding period of the previous year
Copper
Observation
Copper trading range for the day is 713.5-720.9
Copper gains amid heightened expectations for economic stimulus measures in China
Declining inventories indicated a tighter market.
The premium of LME cash copper over the three-month contract rose to $31 a tonne, indicating tightening nearby supplies.
Zinc
Observation
Zinc trading range for the day is 210-219
Zinc gains amid expectations China would undertake more stimulus measures
Global zinc market surplus fell to 12,500 metric tons in April, down from 65,000 tons a month earlier
China's factory activity growth slowed in June, with sentiment waning
To Read Complete Report & Disclaimer Click Here
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
.jpg)
