Thursday, 13 July 2017

EPIC RESEARCH MCX COPPER UPDATE OF 13 JULY 2017

Copper trading range for the day is 380.8-387. Copper prices climbed spurred by a weaker U.S. dollar and concerns about industrial action that could further crimp mine supply. Workers voted to approve a strike at a mine in Chile, following industrial disputes earlier in the year in Indonesia and at the world's biggest copper mine, also in Chile. China's manufacturing engine cranked up in June, expanding at the fastest pace in three months after unexpectedly contracting in May.

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