Thursday, 30 May 2013

MTECHTIPS;-COPPER rose almost 1 percent on Thursday as investors bet

MTECHTIPS;-COPPER 

Copper rose almost 1 percent on Thursday as investors bet on improved imports by the biggest 
consumer China and as data from top producer Chile showed April output fell from a year earlier 
due to strikes and production problems. Lending copper some support, premiums for bonded copper in Shanghai were heard as high as $150 a tonne. Outlook : Copper is expected to trade with 
positive bias on supply concerns and later take cues from US and Europe economic data. 
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