EPIC RESEARCH MCX COPPER UPDATE OF 05 FEBRUARY 2018

Copper trading range for the day is 443.8-465.2.Copper dropped as the dollar rose after U.S. jobs growth surged in January and wages rose, recording their largest annual gain in more than 8-1/2 years.Copper inventories in warehouses monitored by the Shanghai Futures Exchange rose 5.1 percent from last Friday, the exchange said.Glencore said copper output in 2018 should rise to nearly 1.5 million tonnes as its Katanga mine in Democratic Republic of Congo ramps up to add roughly 150,000 tonnes.

For MCX TIPS ✆ – 0731-6642300




Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+