MTECHTIPS:-Copper to trade in 357.9-368.5: Achiievers Equities

MTECHTIPS:-Copper to trade in 357.9-368.5: Achiievers Equities

MTECHTIPS-Copper trading range for the day is 357.9-368.5. Copper dropped as worries over political instability and global demand prompted investors to cut bets on higher prices. China’s refined copper output rose 8.5 percent in March from a year ago to 764,000 tonnes, its highest since at least December 2015. The International Copper Study Group said the global world refined copper market showed a 51,000-tonne surplus in January. BUY COPPER APR 2017 @ 361.50 SL 358.00 TGT 364.50-366.00. MCX.

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