Copper trading range for the day is 359.6-376.6.Copper prices rose to a one-week high after China trade improved in May which alleviated concerns over the health of the world's second-biggest economy.China reported stronger-than-anticipated exports and imports for May despite falling commodity prices, suggesting the economy is holding up.Chilean copper company Codelco has restarted operations at mines in the northern part of the country after a rain storm
Zinc trading range for the day is 156-161.4.Zinc prices gained after China reported stronger-than-anticipated exports and imports for May, suggesting the economy is holding up better than expected.Some Chinese zinc smelters will undertake maintenance cycle in June and will hurt zinc production.About 15,000 tons of zinc output will be affected after maintenance at these smelters.
The Best Advisory company in Indore- Delivering some stock market tips- one missed call @9644405056 or click here >> https://www.careesma.in/company/ripples-advisory-pvt-ltd-jobs/101066

No comments:
Post a Comment