Thursday 20 October 2016

EPIC RESEARCH MCX COPPER UPDATE OF 20 Oct 2016

Copper trading range for the day is 308.6-314.8.
Copper dropped with China's economic growth meeting expectations in the third quarter.
Prices also seen under pressure amid talk that Freeport-McMoRan has resumed operations at its Grasberg mine in Indonesia.
Copper inventories in LME-registered warehouses stocks rose another 2,625 tonnes as they continued to recover from last week's five-week low.




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