COMEX Copper rose further yesterday, hitting fresh two month high even as equities remained choppy. Copper has been supported in recent weeks. The metal currently trades at $ 2.82 per pound, up 0.14% on the day. MCX Copper futures ended just above Rs 449 per kg mark yesterday and should see a rangebound movement today. The red metal stayed supported as global stocks edged up on reports of fresh fiscal stimulus from China following a recent string of data indicating a sharp slowdown in the worlds second-largest economy. Meanwhile, Chiles Cochilco state copper commission stated in a latest update that it sees Copper averaging $ 3.05 per pound for 2019 and expects a marginal increase in prices next year. It sees copper averaging $ 3.08 in 2020. COMEX Copper had a disappointing time last year as it fell nearly 17% in annual terms following a break under the key $ 3 per pound levels.