EPIC RESEARCH MCX COPPER UPDATE OF 22 JUNE 2016

Posted by Unknown on 11:40:00 with No comments
Copper trading range for the day is 306.5-323.5.              
Copper gains as funds reversed positions betting on price falls, but gains were limited by a surge in Chinese exports that raised concerns about global oversupply.          
China's copper imports jumped by 15.9 percent to 319,255 tonnes in May, data from the country's General Administration of Customs showed.    
Copper stocks held in London Metal Exchange warehouses in Asia are set to jump by around 50 percent next month.


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