Copper ended lower after a slide in Chinese imports reinforced concerns over the country's economy-cooling efforts while fears of euro zone debt contagion pushed the dollar up on safe-haven buying. -China's refined copper imports in October fell to a fresh monthly low for 2010 as rising global copper prices kept the arbitrage window between Shanghai and London closed. As the strike at Chilean copper mine Dona Ines de Collahuasi drags on into its 18th day on Monday, a shipment of 44,000 metric tons was ready to leave port for Japan. LME warehouse copper stocks kept trending lower, down 825 tonnes to 359,000 tonnes, the lowest in over a year. For today market is looking for the support at 371.6, a break below could see a test of 366.7 and where as resistance is now likely to be seen at 384.1, a move above could see prices testing 391.7.

Trading Ideas:

Copper trading range is 366.7-391.7.

Copper ended lower after a slide in Chinese imports

Copper is taking resistance at 379.80 and support is seen at 373.20.

Copper daily stocks at Shanghai exchange came down by 151 tonnes.