EPIC RESEARCH MCX COPPER UPDATE OF 06 DECEMBER 2017

Copper trading range for the day is 410-449.8. Copper prices dropped as inventories rose and the dollar firmed on expectations of U.S tax reform.The Caixin/Markit services purchasing managers' index rose to 51.9 in November, up from 51.2 in October and the highest reading since August.CME said, COMEX copper futures margin for speculators will be lowered by 11.1% in December and January from $3,150 to $2,800 per hand.



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