Thursday, 16 October 2014

MCX Commodity Copper Price


LME Copper prices plunged by 2.6 percent yesterday as signs of muted inflation signaled lower metal demand in the two biggest consumers, China and the US. Also, jump of 1.9 percent in LME stocks acted as a negative factor.

In the Indian markets, copper prices jumped by 1.7 percent due to Rupee depreciation and closed at Rs.421.6/kg on Tuesday.

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