EPIC RESEARCH MCX COPPER UPDATE OF 13 JUNE 2016

Copper trading range for the day is 297.6-304.4.              
Copper fell and remained near its lowest since February and was on course for its worst week in more than a month as stockpiles jumped the most since 2005.              
China's imports of unwrought copper and copper semis were 430,000 mt during May, with YTD imports from January to May at 2310,000 mt up 22.1 % YoY.          
An unexpected drop in weekly U.S. jobless claims soothed worries about Chinese economic growth and increased the possibility of a U.S. rate rise in June or July.

For more Accurate MCX TIPS ✆ – 0731-6642300

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+