EPIC RESEARCH MCX Copper UPDATE OF 1 November 2018

Posted by Commodity Updates by Epic Research on 11:50:00 with No comments

Copper trading range for the day is 431.3-441.7.

* Copper recovered after prices remained under pressure as dollar edged up to as the US economy continued to strengthen.

* China’s unwrought copper imports surged to their highest in 2-1/2 years in September.

* While copper concentrate imports climbed to a record high as the crackdown on scrap leaves it needing other forms of the metal.

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