EPIC RESEARCH MCX Copper UPDATE OF 06 September 2018

Posted by Commodity Updates by Epic Research on 11:57:00 with No comments
Copper trading range for the day is 413.7-423.3.

* Copper rose as a weaker dollar underpinned prices, although a trade war between the United States and top metals consumer China limited gains.

* China is the world’s biggest consumer of copper and a slowdown in its economy would weigh on global metals demand.

* Chilean state miner Codelco halted the operations of three out of four furnaces at its Ventanas copper foundry after finding high levels of sulphur dioxide.

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