EPIC RESEARCH MCX COPPER UPDATE OF 05 July 2018

Copper trading range for the day is 426.2-454.

Copper dropped amid worries over trade war intensified as China’s Ministry of Foreign Affairs affirmed its stance towards the tariffs on US goods to be imposed on July 6.

Indonesia has extended a temporary operating permit for Freeport McMoRan Inc's Grasberg project, until the end of the month.

Workers at Codelco’s Chuquicamata copper mine in Chile, threatened last week to strike over plans to transform the century-old open pit into an underground mine.

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