EPIC RESEARCH MCX Copper UPDATE OF 13 November 2018

Posted by Commodity Updates by Epic Research on 11:51:00 with No comments

Copper trading range for the day is 428.6-437.

* Copper seen under pressure as signs of softening demand in China rekindled anxiety about the outlook for world growth.

* Chinese Premier Li Keqiang said Beijing will further open up its economy in the face of rising protectionism.

* China, registered a 19 percent month-on-month fall in copper imports in October, but that was a jump of 28 percent from the same time last year, data showed.

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