Wednesday, 20 June 2012

Copper and Crude oil Update

Copper update: Copper are trading under pressure in MCX market. A recent upward trend in Shanghai Futures Exchange copper volume suggests that imports of the metal may surprise to the upside again in June, Copper the leader of the base metals complex declined in yesterday’s trading session on the back of appreciation in the Indian Rupee. Crude Oil Trend: NYMEX crude oil is trading with strong light. On Tuesday, domestic crude oil with 1.15 per cent to Rs 4754. Crude oil is consolidate trend and has reached above 4742 level with Rs. 9 down. NYMEX crude has trading up.


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