EPIC RESEARCH MCX COPPER UPDATE OF 18 June 2018

Copper trading range for the day is 466-487.2.

Copper prices slid on concerns over demand in China and as investors reacted to U.S. tariffs on China and a selloff in oil.

China’s industrial output, investment and retail sales all grew less than expected, offsetting upbeat trade data and suggesting further weakness.

China’s economy is finally starting to cool under the weight of a multi-year crackdown on riskier lending that is pushing up borrowing costs.

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