EPIC RESEARCH MCX COPPER UPDATE OF 06 FEBRUARY 2018

Copper trading range for the day is 445.9-467.5. Copper rose as the dollar paused after rebounding last week thanks to strong U.S. jobs data. Peru’s copper production grew 3.9 percent to 2.4 million tonnes and zinc production surged by 10.2 percent to 1.5 million tonnes. Hedge funds and money managers cut their net long position in COMEX copper in the week to Jan. 30, U.S. Commodity Futures Trading Commission data showed.



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