Wednesday 19 October 2016

EPIC RESEARCH MCX COPPER UPDATE OF 19 Oct 2016

Copper trading range for the day is 310.5-316.1.
Copper prices ended with losses as traders sat on the sidelines ahead of key China economic reports despite of strong credit data in China.
Copper canceled warrants, or orders to remove the metal from LME, gained for a seventh day as bookings in South Korea climbed to the highest on record.
Industrial production in the U.S. inched up by slightly less than expected in the month of September, the Federal Reserve revealed in a report.


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