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Copper prices are expected to trade sideways today: Angel Broking

According to Angel Broking, On Monday, Copper prices on the LME ended higher by 0.24 percent to close at $6190 per tonne.

Angel Broking’s report on Copper

On Monday, Copper prices on the LME ended higher by 0.24 percent to close at $6190 per tonne. Expectation of rising demand for industrial metals in China supported the red metal prices.

Outlook

On the MCX, Copper prices are expected to trade sideways today; international markets trading marginally higher by 0.06 percent at $6184.00 per tonne.

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First Published on Dec 24, 2019 11:02 am

Source: Money Control