Wednesday, 25 January 2017

EPIC RESEARCH MCX COPPER UPDATE OF 25 JANUARY 2017


Copper trading range for the day is 393.9-414.9. Copper rallied to fresh high as support seen from Chilean labor unrest and as the dollar struggled amid concerns of U.S. protectionism. Escondida union rejects wage deal, tells workers to prepare for 'extended' strike China imported 3.63 million tonnes of refined copper last year, just shy of the previous year's record 3.68 million tonnes .

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