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MCX Copper Trading Zone Key Between 366-375

May 26, 2017 12:50 PM by Neal Bhai

Gold Silver Reports — Technically Copper market is getting support at 368 and below same could see a test of 366 level, And resistance is now likely to be seen at 373, a move above could see prices testing 375.

Copper Depressed By Sharp Downtrend

April 8, 2017 10:55 PM by Neal Bhai

Gold Silver Reports ✅ — The prices of Copper were yet again depressed by renewed selling pressure. This decline is actually a extension of what was seen in Copper last day. The pressure also ignited as weekend is round the corner. Squaring off long positions continue with simultaneous building of short positions.

Copper Tests One Week Low

Last Updated On December 23, 2021 9:24 PM by Neal Bhai

Gold Silver Reports — The International Copper Study Group (ICSG) published the latest monthly report showed in December 2016, global copper supply surplus of 17000 tons, the total shortage of 5,500 tons in whole year, was below the supply shortages of 164000 tons for 2015. ICSG data showed that in December last year, the mine produced 1.771 million tons, global mine production capacity reached 2.035 million tons, mining capacity utilization rate was 87%.

Copper Shows Strength, Closes Above INR 380 On Wednesday

March 23, 2017 10:43 AM by Neal Bhai

Gold Silver Reports — The International Copper Study Group (ICSG) published the latest monthly report showed in December 2016, global copper supply surplus of 17,000 tons, the total shortage of 5,500 tons in whole year, was below the supply shortages of 164,000 tons for 2015.