LME Copper prices gained 0.1 percent yesterday owing to positive demand outlook for the US by the IMF that is likely to fuel demand for the red metal. Also, positive employment data from the US along with favorable industrial data from UK acted as positive factors. Further, decline in LME inventories by 0.8 percent to 252,600 tonnes coupled with weakness in the DX supported gains.
ZOID RESEARCH 9-APR-2014 : COPPER
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