EPIC RESEARCH MCX COPPER UPDATE OF 11 July 2018

Posted by Commodity Updates by Epic Research on 13:20:00 with No comments

Copper trading range for the day is 426.7-441.9.

Copper prices dropped amid ongoing investor anxieties over the prospect of a trade war between the U.S. and China.

China's foreign exchange reserves rose $1.51 billion in June to $3.11 trillion, compared with the expected $3.1 trillion, central bank data showed.

Labour negotiations at BHP Billiton Plc's Escondida copper mine in Chile, are entering the final three weeks before a 30-month contract expires at the end of July.

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