EPIC RESEARCH MCX COPPER UPDATE OF 24 OCTOBER 2017

Posted by aditi on 12:25:00 with No comments

Copper trading range for the day is 451.6-461.4. Copper gained on fresh buying as support seen after Chinese authorities reaffirmed that the country's economy was on track. China's economy is on track to meet its official growth target for 2017, the head of the state planning agency said Hedge funds and money managers reduced their net long position in COMEX copper contracts to a five-week high in the week to Oct. 17, U.S. CFTC data showed.

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