Thursday, 3 November 2016

EPIC RESEARCH MCX COPPER UPDATE OF 3 Nov 2016

Copper trading range for the day is 325-331.4. Copper dropped on profit booking after prices gained amid as Chinese economic data pointing to robust demand for industrial metals. China's official Purchasing Managers' Index (PMI) expanded at the fastest pace in more than two years in October, figures showed. Codelco, the world's biggest copper producer, has cut its premiums for European sales to their lowest level since 2010, reports showed.
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