EPIC RESEARCH MCX COPPER UPDATE OF 28 AUGUST 2017

Copper trading range for the day is 422.6-433.4.Copper dropped as investors locked in profits from a rally seen after driven by computer-driven funds as inventories continued to fall.Weekly copper stocks in warehouses registered by the Shanghai Futures Exchange declined 8.2 percent to 187,444 tonnes, data showed.China’s latest trade figures on copper offered little in the way of fresh insight but rather an extension of the twin trends of lower Chinese imports of refined metal.

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