Copper trading range for the day is 741.7-767.7 - Kedia Advisory
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.
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