Thursday, 6 July 2017

EPIC RESEARCH MCX COPPER UPDATE OF 06 JULY 2017

Copper trading range for the day is 377.9-388.5. Copper dropped on a surge in warehouse stocks but the threat of strike action at two Chilean mines curbed losses. However, downside seen limited supported by strike threats at a South American copper producer.Chilean mining company Antofagasta Minerals was facing potential strikes from workers at its Zaldivar mine and by supervisors at Centinela as contract talks continue.

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