EPIC RESEARCH MCX COPPER UPDATE OF 09 MARCH 2017

Posted by aditi on 11:14:00 with No comments
Copper trading range for the day is 381.8-391.8. Copper prices slipped on selling triggered by a higher dollar, lower imports of the metal by top consumer China and rising inventories. Speculators cut their bullish position in Comex copper futures and options by 7,851 lots to 70,660 lots. Chile expects economic activity growth to be hit by around 1% in February because of a strike as output slides 12% year-on-year.


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