Thursday, 30 November 2017

EPIC RESEARCH MCX COPPER UPDATE OF 30 NOVEMBER 2017

Copper trading range for the day is 426.8-441.Copper dropped as concerns over demand from top consumer China and declining oil prices pushed investors to sell.The global copper market will be balanced for the foreseeable future even as mine supplies tighten and demand from China, remains strong.China's environmental crackdown is the "biggest uncertainty" facing the nation's copper smelters, as the government steps up inspections and stiffens emissions control standards.

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