EPIC RESEARCH MCX COPPER UPDATE OF 24 JANUARY 2018

Copper trading range for the day is 430.3-458.3. Copper prices fell below 440 level to their lowest level in over a month as data showing a surge in Chinese production. Pressure also seen after rising inventories showed healthy supplies of refined metal. On-warrant copper stocks - metal not earmarked for delivery from warehouses and available for investors - in facilities certified by LME jumped by 28 percent, data showed.




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