Friday, July 3, 2009

India copper futures dn on China demand concerns

Published on 2009-07-03 13:13:37

Singapore - India August MCX copper futures down 0.8% at INR243.65/kg on concerns China, world's largest consumer of metal, could go slow on buying. "Weak Asian markets are also weighing on the prices after a disappointing U.S. jobs report, raising doubt on a near-term economic recovery," says STCI Commodities trader Kapil Gandhi; expects contract to find support at INR242.



http://www.moneycontrol.com/commodity/comm_news.php?autono=101184&type=MKT

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