EPIC RESEARCH MCX COPPER UPDATE OF 15 MAY 2017

Copper trading range for the day is 356.7-362.5.Copper rose with investors tempted by falling stockpiles and as Chinese authorities' move to ease monetary policy spurred growth hopes.Chinese banks extended 1.1 trillion yuan ($159 billion) in net new yuan loans in April, above expectations. SHFE Copper warehouses stocks fell to 194,993 tonnes, their lowest since Jan. 20.



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