01-01-1970 12:00 AM | Source: Kedia Advisory
Copper trading range for the day is 741.7-767.7 - Kedia Advisory
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Aluminium

Aluminium trading range for the day is 199.4-211.4

Aluminum prices dropped as

China's aluminium production rose 7.5% to 6.74 million tonnes in January-February from a year earlier

China's industrial production advanced 2.4% yoy in January-February 2023 combined China's retail trade expanded 3.5% from the prior year in January-February 2023 combined

 

 

Copper

Copper trading range for the day is 741.7-767.7

Copper prices fall on stronger dollar and banking woes

Economic activity in China picked up in the first two months of 2023

Mining exports from Peru, dropped 19.8% in January, compared with a year-ago period

 

 

Zinc

Zinc trading range for the day is 251-264

Zinc prices dropped as active production among zinc smelters leads to pressure on supply

China's refined zinc output stood at 501,400 mt in February, down 9,800 mt or 1.91% MoM and up 43,000 mt or 9.39% YoY Enterprises in north

China have resumed normal production with the end of environmental protection-induced production restrictions.

 

 

 

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