ZOID RESEARCH 2-APR-2014 : COPPER

LME Copper prices rose by 0.2 percent yesterday on the back of speculation that China will add to monetary stimulus to support the economy after manufacturing fell to 8-month low in March. Also, upbeat global market sentiments coupled with weakness in the DX supported gains. Further, decline in inventories by 0.7 percent to 263,250 tonnes acted as a positive factor.



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