EPIC RESEARCH MCX COPPER UPDATE OF 22 MAY 2018
Posted by Commodity Updates by Epic Research on 13:22:00 with No comments
Copper trading range for the day is 460.5-473.1.
Copper edged higher after China and the United States put their trade row on hold, easing concerns the dispute could escalate.
The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement.
Japanese copper miners JX Nippon Mining & Metals and Sumitomo Metal Mining plan to increase output from their mines in Chile this year.
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