Wednesday 1 February 2017

EPIC RESEARCH MCX COPPER UPDATE OF 1 FEBRUARY 2017


Copper trading range for the day is 395.1-412.5. Copper rebounded on fresh buying as support seen from weak dollar and concerns about potential supply disruptions in Chile. Workers at the Escondida copper mine in Chile, entered the final stretch of voting on a wage offer. Indonesia will temporarily exempt the local unit of Freeport-McMoRan Inc from some new rules while processing its application for new mining rights .

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