EPIC RESEARCH MCX COPPER UPDATE OF 23 NOVEMBER 2017

Copper trading range for the day is 445.2-451.2. Copper gains as support seen after Southern Copper Corp said that one of five unions for its workers in Peru had started an indefinite strike. China will step up financial regulation and crack down on speculation in the property market to stabilise prices and fend off bubble risks. Cancelled warrants at more than 40 percent of total stocks are also contributing to concern about a tight LME market.




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