Tuesday, 6 June 2017

EPIC RESEARCH MCX COPPER UPDATE OF 06 JUNE 2017

Copper trading range for the day is 360-368.6.Copper slipped as the dollar recovered and investors eyed an increase in Shanghai inventories.Freeport McMoRan Inc said that mining and milling rates at its Grasberg copper mine in Indonesia had been affected by an extended strike. Hedge funds and money managers trimmed their net long position in COMEX copper, U.S. Commodity Futures Trading Commission data showed.

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