EPIC RESEARCH MCX Copper UPDATE OF 17 September 2018

Posted by Commodity Updates by Epic Research on 12:42:00 with No comments

Copper trading range for the day is 417.1-435.9.

* Copper dropped as data in China pointing to a cooling economy and a worsening trade dispute between Washington and Beijing.

* The copper mine Collahuasi in Chile is expected to produce 545,000 tonnes of copper this year, 4 percent more than in 2017.

* Copper inventories in warehouses monitored by the Shanghai Futures Exchange fell 1.1 percent from last Friday, the exchange said.

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