EPIC RESEARCH MCX COPPER UPDATE OF 07 FEBRUARY 2018

Copper trading range for the day is 447.8-459.6. Copper prices dropped as global stock markets plunged for a fourth day, prompting investors to cut exposure to riskier assets and strengthening the dollar. Traders noted that the import window for copper into China is open, potentially supporting prices. One saw limited inflows given traders will not want to risk holding stock over the Lunar New Year holidays which start Feb. 15.

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