EPIC RESEARCH MCX COPPER UPDATE OF 12 FEBRUARY 2018

Copper trading range for the day is 428.4-440.8.Copper prices fell extending recent declines following a renewed plunge in global equity markets and another big rise in copper inventories. A jump in inventories of the red metal, chiefly used in construction, is also weighing on prices. Risks of further supply disruptions remain high and the restriction on copper scrap imports into China is likely to support refined metal imports.

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