EPIC RESEARCH MCX COPPER UPDATE OF 14 NOVEMBER 2017

Posted by aditi on 12:34:00 with No comments
Copper trading range for the day is 440.1-458.9. Copper prices gained on short covering as support seen after the Indonesian unit of Freeport-McMoRan Inc closed the main supply route.Chinese data this month is expected to show the world's second-biggest economy cooled further in October as policy makers harden efforts to reduce financial risks. Open interest in the LME copper contract has fallen below 320,000 lots to the lowest since May and close to the lowest in a year.






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