Tuesday, 31 July 2018

EPIC RESEARCH MCX Copper UPDATE OF 31 July 2018

Copper trading range for the day is 418.7-430.1.

* Copper slipped as investors shrugged off a potential strike at the world’s largest copper mine.

* Workers at Codelco's copper mine in Chile, the state miner's second largest by output, walked off the job on Monday morning and blocked access to the mine.

* Copper inventory in Shanghai bonded areas fell further, down 10,100 mt on the week to 476,700 mt.


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