EPIC RESEARCH MCX Copper UPDATE OF 05 September 2018

Posted by Commodity Updates by Epic Research on 12:08:00 with No comments
Copper trading range for the day is 408.1-428.3.

* Copper dropped as trade dispute between China and the United States chilled factory activity in August and tempered appetite for metals.

* Falling inventories at London Metal Exchange and Shanghai Futures Exchange-approved warehouses are meanwhile keeping physical prices high in China.

* Copper premiums are currently at $84 a tonne, close to a near two-year high of $86 touched late last month.

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