MTECHTIPS-Copper to trade in 379-386.6

MTECHTIPS-Copper to trade in 379-386.6

MTECHTIPS-Copper trading range for the day is 379-386.6. Copper prices gains with encouraging import data from China and improved prospects for the global economy supporting prices. China’s imports of copper ore and concentrate rose 4.44% on a yearly basis to 1.41 million tonnes in June, China Customs reported. Total copper ore and concentrate imports were 8.28 million tonnes in the first six months of this year, a rise of 3.6% a yearly basis. SELL COPPER AUG 2017 @ 385.00 SL 388.50 TGT 381.80-378.50. MCX.

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