EPIC RESEARCH MCX COPPER UPDATE OF 28 JULY 2016

Posted by Farhan Khan on 11:48:00 with No comments
Copper trading range for the day is 321.3-335.1.              
Copper dropped to near 1 week lows as sentiments soured in China, also declined due to supply concerns, as mines ramp up in Peru.        
Entire base metals complex was pressured by a stronger dollar ahead of the US central bank decision on interest rates.              
Copper output in Peru surged 61 percent in May compared with the same month in 2015.


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