Copper Trading Ideas
# Copper trading range for the day is 426-437.4.
# Copper prices gained building on a robust demand outlook for the metal in China.
# Copper found support after data showed weekly copper stocks in warehouses registered by the Shanghai Futures Exchange declined by 8.2 percent to 187,444 tonnes.
# Meanwhile, on-warrant inventories – in London Metal Exchange (LME) depots have halved to 112,950 tonnes over the past six weeks.