EPIC RESEARCH MCX COPPER UPDATE OF 14 SEPTEMBER 2017
Posted by aditi on 11:53:00 with No comments
Copper trading range for the day is 417-434.2.Copper prices fell on profit-taking, rising stocks in London Metal Exchange warehouses and nervousness about demand in China. Copper stocks in LME approved warehouses are up 38,150 tonnes at 246,575 tonnes since last week. Higher stocks and worries about an oversupplied copper market helped push the discount for the cash over the three-month contract to above $40 a tonne.
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