EPIC RESEARCH MCX COPPER UPDATE OF 10 JUNE 2016

Posted by Unknown on 11:40:00 with No comments
Copper trading range for the day is 292.7-312.3.              
Copper fell to close at 301.70 while prices dropped to its lowest in nearly four months, hit by a stronger dollar.              
Also weighing on copper this week is a 39 percent surge in LME inventories over the past week to above 213,000 tonnes.              
The Shanghai Futures Exchange was closed for a second day for the Dragon Boat Festival holiday, markets will reopen on Monday.


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