EPIC RESEARCH MCX COPPER UPDATE OF 10 JULY 2017

Copper trading range for the day is 376.3-385.3. Copper prices dropped as the dollar gained after a report showed the U.S. economy created far more jobs than expected in June and the previous months. The mood in Chinese markets has been cautious ahead of a raft of data expected to show steady growth although. Bonded zone inventories in Shanghai were some 535,000 tonnes this past week, compared to 545,000 tonnes last week.

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