EPIC COPPER TREND FOR TODAY 10-MAY-2013

**Admin** Fri May 10, 2013 4:13 pm

Copper trading range for the day is 397.5-406.3.
Copper prices came under pressure from a weaker-than-expected China PPI, with this bearish sentiment likely to prevail near term.
Stocks of copper in LME-registered warehouses have been declining in the past two weeks following a steep increase in the previous six months.
Official data released earlier showed that consumer prices in China rose 2.4% in April from a year earlier.

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