Friday, 22 June 2018

EPIC RESEARCH MCX COPPER UPDATE OF 22 June 2018

Copper trading range for the day is 448.3-461.7.

Copper prices ended with losses amid fears escalating U.S.-China tensions could pressure copper demand from China.

China said it was eyeing cuts in banks' reserve requirement ratios (RRR) and other measures to spur economic growth.

The global world refined copper market showed a 55,000 tonnes surplus in March, compared with a 87,000 tonnes surplus in February, the INCG said.

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