EPIC RESEARCH MCX COPPER UPDATE OF 01 June 2018
Posted by Commodity Updates by Epic Research on 13:54:00 with No comments
Copper trading range for the day is 450.8-465.
Copper slipped after inventories rose, indicating supplies were healthy.
China’s data showed its vast manufacturing sector grew at the fastest pace in eight months in May, easing concerns about an economic slowdown
The official Purchasing Managers’ Index rose to 51.9 in May, from 51.4 in April, topping expectations for a dip to 51.3.
Warehouse stock for Copper at LME was at 311525mt that is up by 28150mt.
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Copper slipped after inventories rose, indicating supplies were healthy.
China’s data showed its vast manufacturing sector grew at the fastest pace in eight months in May, easing concerns about an economic slowdown
The official Purchasing Managers’ Index rose to 51.9 in May, from 51.4 in April, topping expectations for a dip to 51.3.
Warehouse stock for Copper at LME was at 311525mt that is up by 28150mt.
Subscribe now for best MCX TIPS
For quick free trial click here > 911 133 9000
Connect with our social media sites
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