EPIC RESEARCH MCX COPPER UPDATE OF 19 April 2017

Posted by aditi on 11:42:00 with No comments
Copper trading range for the day is 352.9-373.9. Copper fell as Freeport McMoRan Inc has received a preliminary approval to resume copper concentrate exports from its Indonesian unit. Pressure also seen as risk aversion in the wider markets linked primarily to North Korea bled through into the base metals complex. Hedge funds and other money managers increased their net long positions in COMEX copper, U.S. CFTC data showed.




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