EPIC RESEARCH MCX COPPER UPDATE OF 03 MAY 2017

Copper trading range for the day is 371.9-380.9.Copper dropped as pressure seen on caution over slowing demand in top consumer China.A mineral-rich region of Papua New Guinea has lifted a 40-year-old ban on new mining and exploration, opening the way for copper operations.Anglo American plans to restart production shortly at its El Soldado copper mine in Chile as regulators have approved a new permit plan for the deposit.

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