Thursday 28 December 2017

EPIC RESEARCH MCX COPPER UPDATE OF 28 DECEMBER 2017

Copper trading range for the day is 458.4-472.2.Copper gained as prices seen supported after China ordered its top producer to halt output to combat winter pollution. Chinese customs data showed that the country’s refined copper imports leapt 19 percent in November from a year earlier. Copper rising by $77 a tonne to its highest in nearly three-and-a-half years, on expectations of stronger demand from top consumer China in 2018.

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