Thursday, 27 October 2016

EPIC RESEARCH MCX COPPER UPDATE OF 27 Oct 2016

Copper trading range for the day is 314.1-320.9.
Copper prices gains buoyed by brightening prospects for the U.S. economy
China is expected to step up copper imports in the coming months as a weaker yuan opens up arbitrage opportunities and demand picks up.
Chilean miner Antofagasta predicted that full-year copper output would be at the lower end of guidance, and production next year would still be low.
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