EPIC RESEARCH MCX COPPER UPDATE OF 21 JULY 2016

Posted by Farhan Khan on 12:51:00 with No comments

Copper trading range for the day is 330.5-340.1.              
Copper dropped as the dollar surged to a four month high copper investors also growing cautious about signs of rising supply.               
China's copper output was steady on the year in June, though it rose 7.6 percent to 4.03 million tonnes in the first half of 2016.   
BHP Billiton said it expects a 5 percent rise in its copper output in the current fiscal year to end-June 2017.     

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