Thursday, 7 January 2016

Commodity Market Base Metals Updates

LME copper prices are trading lower by 0.67 percent as while MCX copper prices are trading lower by 0.34 percent at Rs.309.55 per kg. Prices fell on Wednesday as sentiment remained shaky after data showed slower service sector growth in top consumer China, following on from a contraction in factory activity and a steep share market selloff this week.

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