EPIC RESEARCH MCX COPPER UPDATE OF 9 JUNE 2016

Posted by Unknown on 12:25:00 with No comments
Copper trading range for the day is 301.3-308.5.              
Copper recovered after China's May copper imports jumped 19.4 percent year on year to 430,000 tonnes.        
Copper has been pressured, however, by heavy inflows of metal into LME warehouses, the biggest delivery in more than a decade.          
Chinese imports of copper concentrate jumped by 13 percent on the previous month and were up 45 percent from a year ago.
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