EPIC RESEARCH MCX COPPER UPDATE OF 06 NOVEMBER 2017

Copper trading range for the day is 440.7-453.1. Copper pulled back after a rally spurred by prospects for surging demand from electric vehicles. Prices also extended losses after the dollar index firmed on the back of strong U.S. economic data.Weekly data showed copper inventories in warehouses monitored by the Shanghai Futures Exchange climbed 18 percent, indicating supplies were adequate.

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