EPIC RESEARCH MCX Copper UPDATE OF 25 September 2018

Posted by Commodity Updates by Epic Research on 11:45:00 with No comments

Copper trading range for the day is 453.2-466.2.

* Copper ended with small gains as investors searched for fresh clues before a widely expected interest rate hike by the US central bank this week.

* The global world refined copper market showed a 45,000 tonnes deficit in June, compared with a 50,000 tonnes deficit in May.

* Hedge funds and money managers trimmed their net short position in COMEX copper contracts in the week to Sept. 18, U.S. CFTC data showed

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