Copper Trading Range For The Day Is 439.7-454.1

Copper trading range for the day is 439.7-454.1.

Copper settled flat after authorities in China said they would take measures aimed at bolstering growth and liquidity.

The United States is preparing to announce tariffs on all remaining Chinese imports by early December.

Glencore reported a 12 percent rise in copper production so far this year.

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Copper Dropped As The Metal Considered To Be An Economic Bellwether Tracked

Copper trading range for the day is 437.8-455.2.

Copper dropped as the metal considered to be an economic bellwether tracked a slump in global equity markets.

China, more than quadrupled the value of fixed-asset investment projects approved in the third quarter from the April-June period.

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Copper Prices Dropped On Concerns Of Slowing Demand In China

Copper trading range for the day is 443.5-457.1.

Copper prices dropped on concerns of slowing demand in China and as geopolitical tensions escalated over the killing of a prominent Saudi journalist.

China's copper import premiums are at $117.50 a tonne, just below the recent three-year high of $120 a tonne, indicating strong demand for physical metal.

LME copper stocks at 154,225 tonnes have tumbled 27 percent since Sept. 24, while those in ShFE are up about 27 percent over the same period.

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Aluminium Trading Range For The Day Is 146.2-150.2

Aluminium trading range for the day is 146.2-150.2.

Aluminium dropped on profit booking despite of market talk that Jinjiang and Xinfa have cut their alumina capacity due to tight supplies of bauxite.

China's primary aluminium production fell for a second straight month in September and slid to its lowest level since May.

China's primary aluminium supply is expected to grow at 4.1% in 2019, while consumption is likely to grow at a slower pace of 3%.

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Copper Remained Under Pressure Tracking A Broad Sell-Off On Equity Markets

Copper trading range for the day is 442.1-470.1.

Copper remained under pressure tracking a broad sell-off on equity markets as a gloomy macro-economic outlook raised concerns over demand growth.

BHP, expects a plant at its Olympic Dam mine to restart this month following repairs.

The International Monetary Fund cut China's 2019 growth forecast to 6.2 percent from 6.4 percent, leaving the 2018 forecast unchanged at 6.6 percent.

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Crude Oil Prices Rose Ahead Of U.S. Sanctions Against Iran

Crude oil trading range for the day is 5259-5633.

Crude oil prices rose ahead of U.S. sanctions against Iran, that kick in next month.

Prices were supported by a report of a stagnant rig count in the United States, which points to a slowdown in U.S. crude production.

OPEC delivered only a limited increase in oil production in September, as a cut in Iranian shipments due to U.S. sanctions offset higher output.

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Crude Oil Gained As Investors Focused On The Prospect Of Tighter Markets

Crude oil trading range for the day is 5174-5316.

Crude oil gained as investors focused on the prospect of tighter markets due to U.S. sanctions against major crude exporter Iran, which are set to be implemented in November.

At its 2018 peak, Iran exported around 3 million barrels per day (bpd) of crude oil, equivalent to 3 percent of global consumption.

Shipping data shows Iran September exports fell to around 2 million bpd as buyers around the world bow to U.S. pressure and cut imports.

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Copper Dropped As Data In China Pointing To A Cooling Economy

Copper trading range for the day is 417.1-435.9.

Copper dropped as data in China pointing to a cooling economy and a worsening trade dispute between Washington and Beijing.

The copper mine Collahuasi in Chile is expected to produce 545,000 tonnes of copper this year, 4 percent more than in 2017.

Copper inventories in warehouses monitored by the Shanghai Futures Exchange fell 1.1 percent from last Friday, the exchange said.

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Copper Gained On Rupee Weakness Despite Of After U.S. President Donald Trump

Copper trading range for the day is 419.7-431.1.

Copper gained on Rupee weakness despite of after U.S. President Donald Trump threatened to impose tariffs on virtually all Chinese imports into the United States.

China's imports of unwrought copper and copper semis in August declined 6.7% from July to stand at 420,000 mt, showed China Customs data.

Copper stocks across Shanghai bonded areas shrank 20,300 mt from a week ago to 453,500 mt marking the fifth consecutive week of decline.

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Copper Rose As A Weaker Dollar Underpinned Prices Even As Bearish Sentiment Lingered

Copper trading range for the day is 415.7-433.7.

Copper rose as a weaker dollar underpinned prices even as bearish sentiment lingered amid a trade war between the United States and top metals consumer China.

U.S. President Donald Trump said that the United States was not yet ready to come to an agreement over trade disputes with China but he said talks would continue.

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