CP Update: Copper

Copper futures dropped for the first time in three days on speculation that China will continue to curb its property market, reducing demand from the world’s biggest consumer. An increase in LME stockpiles and an outflow of funds to stock markets also weighed on copper.

Copper futures for most actively traded July delivery were down 0.8% at $3.2970 per pound on the Comex metals division of New York Mercantile Exchange. While copper on the London Metal Exchange fell as much as 0.6% to $7,260 a metric ton.

Capital Paramount is technical research based advisory firm, we offer mcx tips, ncdex tips, commodity tips, stock tips, agri tips ,equity tips, intraday tips, mcx-ncdex tips, forex tips, comex tips  with proper risk reward ratio. We provides all financial services under one roof with 95% accuracy. Get 2 days free trial on Share tips, nifty tips, Cash market tips, futures tips, option tips, intraday stock tips with upto 95% accuracy. http://www.capitalparamount.com