EPIC RESEARCH MCX COPPER UPDATE OF 12 SEPTEMBER 2017

Copper trading range for the day is 429.8-439.2.Copper prices rebounded as investors and consumers took advantage of a sell-off on Friday to buy at lower levels.China’s CPI rose 1.8 per cent in August on a yearly basis, higher than market estimation, according to China’s National Bureau of Statistics.Copper inventories in Shanghai bonded zone grew slightly by 528,000 tonnes compared to 524,000 tonnes a week earlier.

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