EPIC RESEARCH MCX COPPER UPDATE OF 01 DECEMBER 2017

Copper trading range for the day is 435.4-446.2. Copper prices recovered from lows amid encouraging manufacturing reports from China and Japan. Copper stocks in Shanghai Futures Exchange warehouses have however risen by around 60,000 tonnes since September, reducing fears of shortages. Peru, will likely churn out 2.5 million tonnes of copper in 2018 and some 3 million tonnes in 2021, the vice minister of mining said.

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