Tuesday, 10 January 2017

EPIC RESEARCH MCX COPPER UPDATE OF 10 JANUARY 2017

Copper trading range for the day is 378-387.2. Copper prices ended with losses as pressure seen after a solid U.S. jobs report lifted the dollar. China copper premiums have come under pressure after large inflows into warehouses as traders delivered metal to tidy books at year-end. Weekly Shanghai copper stocks jumped 17 percent last week. Premiums for copper in China bond dropped $5.

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