MTECHTIPS;- Copper Expected To Hold Onto Recovery

MTECHTIPS;- Copper Expected To Hold Onto Recovery

MTECHTIPS-Copper futures are expected to see some revival in buying interest as five week low levels can act as a good floor for the commodity. Weak US dollar and generally tight supply conditions are likely to swing into action after the recent slide in Copper which pulled the metal lower from its three and half year highs. COMEX Copper is lingering around $3.05 per pound in Asia, witnessing modest losses. MCX Copper futures closed at Rs 440 per kg in last session and should see some buying in dips today
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