EPIC RESEARCH MCX COPPER UPDATE OF 26 JULY 2017

Posted by aditi on 11:50:00 with No comments
Copper trading range for the day is 386.5-416.7. Copper rallied near to 4% as copper mine in Indonesia entered its fourth month of strikes, which helps further boost the base metal.On the supply side, Antofagasta PLC and Barrick Gold Corp.'s Zaldívar mine averted a strike overnight, but threats to supply still exist. Copper also seen support as traders are optimism over President Donald Trump’s infrastructure plans, is now being powered to fresh highs.

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