EPIC RESEARCH MCX COPPER UPDATE OF 23 OCTOBER 2017

Copper trading range for the day is 448.2-463.4. Copper prices gained supported by demand growth expectations and relief from a stronger dollar.Investors took the view that the market over-reacted to a warning by the Chinese central bank chief about asset bubbles.Rio Tinto cut its mined copper production guidance for 2017 to 460,000-480,000 tonnes from 500,000-550,000 tonnes owing to a delayed.

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