EPIC RESEARCH MCX COPPER UPDATE OF 22 JANUARY 2018

Copper trading range for the day is 446.2-458.2. Copper prices dropped on profit booking after prices gained buoyed by the first acceleration in China's GDP growth in seven years. China's unwrought copper imports fell 4.3 percent in December from a month earlier, but still recorded their second-highest level in 2017.BHP’s copper output jumped 20 percent to 429,000 tonnes in the quarter to end-December helped by a rise in production from its Escondida copper mine in Chile.






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