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Copper prices were trading higher in noon trade in the domestic market on Friday as a sharp slowdown in services expansion in China, the world’s biggest metals consumer, triggered optimism - See more at:

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Copper Moves Higher As Dollar Eases Against The Euro

Copper has moved higher on Tuesday supported by rise of Euro and some bottom fishing after a sharp correction. The three month prices of LME Copper were trading at $ 7370 per tonne in early Asian trades compared to $ 7296 per tonne on Monday. Dollar moved lower against the Euro last night and was at 1.2884 against when last seen. Get Sure Shot Commodity Tips Free Trial:


The price of copper has fallen even as stockpiles in LME warehouses have declined.


While inventories in LME-approved warehouses have fallen from their August peak, LME copper stocks are still up 60 per cent this year.

LME copper prices are trading lower by 1.4 percent today at $4707/tonne as GFMS forecast a 150,000 mt surplus for both 2016 and 2017, as well as a fifth year of price declines.

LME Copper prices traded on a flat note on Monday as Greece bailout came as a relief for markets. However, gains were capped as China's economic growth is forecast to be the weakest since the global financial crisis in the second quarter,


Australian retail sales rose more than expected in August Buz Traders Australian retail sales rose On a MoM basis, the seasonally adjusted retail sales recorded a rise of 0.40% in Australia, in August, more than market expectations for a rise of 0.20%. In the prior month, retail sales had recorded a flat reading. LME Copper prices declined 0.34% or $16.5/MT to $4775.0/MT. Aluminium prices rose 1.24% or $20.5/MT to $1670.5/MT. For the 24 hours to 23:00 GMT, the AUD declined 0.94% against the…

Precious metals prices and chart,SHFE Current and Historical Gold prices,China Silver,Platinum,Ruthenium Prices all in Shanghai Metals Market.