EPIC RESEARCH MCX Copper UPDATE OF 01 October 2018

Copper trading range for the day is 443.9-458.5.

* Copper prices rallied tracking firmness in LME Copper rose 1.2 percent to close at $6,258 a tonne as speculators cancelled bearish positions.

* LME copper inventories inched slightly higher to 212,925 tonnes, but were still near the lowest since January.

* China’s underlying demand for refined copper remained resilient, driving global copper demand.

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