EPIC RESEARCH MCX COPPER UPDATE OF 19 June 2018

Copper trading range for the day is 461.9-477.1.

Copper slipped on pressure from a stronger dollar, while a holiday in China drained buying interest from the market.

China's copper imports rose to their highest in 17 months in May as the country's crackdown on scrap leaves it buying more of the metal in other forms.

Hedge funds and money managers raised their net long positions in COMEX copper in the week to June 12, by 28,941 contracts to 77,740 contracts, U.S. CFTC data showed.

Subscribe now for best MCX TIPS
For quick free trial click here > 911 133 9000

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+