EPIC RESEARCH MCX Copper UPDATE OF 27 September 2018

Posted by Commodity Updates by Epic Research on 11:47:00 with No comments

Copper trading range for the day is 453.1-460.7.

* Copper prices dropped amid persistent worries over an escalating U.S.-China trade war.

* Developing Asia could grow more slowly than previously thought next year as the U.S.-China trade war inflicts collateral damage on the region’s export-reliant economies.

* China’s top copper smelters have set their floor treatment and refining charges for the fourth quarter at $90 per tonne and 9 cents per pound.

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