Thursday, 18 May 2017

EPIC RESEARCH MCX COPPER UPDATE OF 18 MAY 2017

Copper trading range for the day is 358.5-366.3. Copper prices traded in range stymied by expectations of slowing growth in the economy of top metals consumer China.After clocking 6.9 percent in the first quarter thanks to spending on infrastructure and a property boom that policymakers want to rein in. China's growth is set for its weakest patch since the global financial crisis as authorities pull back on stimulus.

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