Monday, 9 July 2018

EPIC RESEARCH MCX COPPER UPDATE OF 09 July 2018

Copper trading range for the day is 424.1-438.5.

Copper dropped as U.S. tariffs on Chinese goods kicked in, escalating the trade spat between the world's top two economies.

China's output of refined copper in June dipped 3.3% on the month but rose 10.5% on the year and came in at 722,500 mt.

Copper inventories in warehouses monitored by the Shanghai Futures Exchange fell 2.0 percent from last Friday, the exchange said.
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