Copper trading range for the day is 308.7-314.1.
Copper settled flat as pressure continues amid a stronger dollar and expectations of ample supply next year.
Codelco, world's biggest copper miner, has slashed its 2017 physical copper premium to European buyers to the $80 to $85 per tonne range.
Hedge funds and money managers swung to a net short position of 13,952 lots in copper, U.S. Commodity Futures Trading Commission data showed.
For more information and accurate MCX Tips, NCDEX Tips ✆ – 0731-6642300
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Copper settled flat as pressure continues amid a stronger dollar and expectations of ample supply next year.
Codelco, world's biggest copper miner, has slashed its 2017 physical copper premium to European buyers to the $80 to $85 per tonne range.
Hedge funds and money managers swung to a net short position of 13,952 lots in copper, U.S. Commodity Futures Trading Commission data showed.
For more information and accurate MCX Tips, NCDEX Tips ✆ – 0731-6642300
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