Wednesday, 8 August 2018

EPIC RESEARCH MCX Copper UPDATE OF 8 August 2018


* Copper trading range for the day is 414.2-422.6.

* Copper prices seen support on fears a wage dispute at the world’s largest copper mine could result in a strike if an agreement isn’t reached.

* China's $60 billion tariffs on US goods see little impact on copper

* Miner BHP said requested government mediation with union at its Escondida copper mine, prompting union to postpone the start of a strike.

* BUY COPPER AUG 2018 @ 416.50 SL 414.00 TGT 418.80-422.00.MCX


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