Thursday 28 September 2017

EPIC RESEARCH MCX COPPER UPDATE OF 28 SEPTEMBER 2017


Copper trading range for the day is 421.3-431.9.Copper rose as expectations that buoyant demand would outstrip supply in the longer term tempted some buyers back to the market.The stronger dollar and increasing worries over flagging economic growth in China, the world's biggest industrial metals consumer, are capping prices.The cash to three-month spread on copper has widened to the most in a decade, signalling a lack of interest in spot metal.

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