Tuesday, 30 May 2017

EPIC RESEARCH MCX COPPER UPDATE OF 30 MAY 2017

Copper trading range for the day is 362-373.6.Copper settled flat as pressure seen due to expectations of weaker demand in top consumer China over the coming months.Strikes at Peruvian mines resolved in two weeks, with limited supply disruptions as company used temporary workers to maintain production.Freeport resumed exports in late April from its Grasberg mine in Indonesia, after being suspended by the government since mid-January.



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