EPIC RESEARCH MCX COPPER UPDATE OF 20 JULY 2016

Posted by Farhan Khan on 11:47:00 with No comments
Copper trading range for the day is 329.9-342.5.              
Copper prices gained as expectations of fresh economic stimulus in Europe buoyed demand for the metal.    
Copper canceled warrants, or orders to remove metal from LME-tracked warehouses, climbed 5 percent to the highest since November.            
China, the world’s top producer of refined copper, boosted output by 7.6 percent in the first half as margins rose.


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