Copper prices breach new high in Dec: YES Securities

New Delhi: Copper prices in December breached a new high on the back of various global cues, according to Yes Securities.

Copper values breached USD 6,000 per ton level in December while the prices remained confined in a narrow range for most part of the year, it said.

“The recent momentum is attributed to increasing optimism about a US-China trade deal. Although slowing Chinese economy has dented metal demand growth, supply issues in Chile has tightened mine output. Most Chilean mines are reporting…

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