EPIC RESEARCH MCX COPPER UPDATE OF 04 June 2018

Posted by Commodity Updates by Epic Research on 13:53:00 with No comments
Copper trading range for the day is 453-462.2.

Copper rose tracking rise in LME prices on short covering after as pressure seen on profit booking after rise in LME stocks.

A private survey that showed China's manufacturing sector expanded at a steady pace in May.

Copper inventories in warehouses monitored by the Shanghai Futures Exchange rose 1.4 percent from last Friday, the exchange said.

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