EPIC RESEARCH MCX Copper UPDATE OF 14 September 2018
Posted by Commodity Updates by Epic Research on 12:25:00 with No comments
Copper trading range for the day is 424-436.8.
* Copper dropped as investors exercised caution ahead of possible trade talks between the United States and China to resolve an escalating tariff war.
* The US and China have so far imposed tariffs on $50 billion of each other's goods in a spat that has left the market fearing demand for industrial metals will weaken.
* China copper premiums have risen to $91 a tonne, the most since February 2016, in a sign of strong underlying demand for physical metal.
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* Copper dropped as investors exercised caution ahead of possible trade talks between the United States and China to resolve an escalating tariff war.
* The US and China have so far imposed tariffs on $50 billion of each other's goods in a spat that has left the market fearing demand for industrial metals will weaken.
* China copper premiums have risen to $91 a tonne, the most since February 2016, in a sign of strong underlying demand for physical metal.
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US Stock Market News
For quick free trial click here > 911 133 9000
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