Published on 2009-07-13 09:45:44
Singapore - India August MCX copper futures likely to open down, tracking weak Asian equity markets, marginal decline in LME 3-month copper futures; weak economy likely to hamper copper demand. "Besides, the strong overseas U.S. dollar will also weigh on prices," says STCI Commodities trader Kapil Gandhi; expects contract in INR236-INR244/kg band. It last closed at INR240.25.
http://www.moneycontrol.com/commodity/comm_news.php?autono=101839&type=MKT
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