EPIC RESEARCH MCX Copper UPDATE OF 04 September 2018

Posted by Commodity Updates by Epic Research on 11:53:00 with No comments
Copper trading range for the day is 418.8-428.2.

* Copper settled flat as jitters over renewed trade tensions between the United States and China weighed on risk appetite and pushed up the dollar.

* China's manufacturing activity grew at the slowest pace in more than a year in August, with export orders shrinking for a fifth month and employers cutting more staff.

* Copper production at Codelco, Chile's state-owned copper mining company, rose 2 percent in the first half of 2018 to 813,000 tonnes.


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