EPIC RESEARCH MCX Copper UPDATE OF 26 November 2018

Posted by Commodity Updates by Epic Research on 11:10:00 with No comments

Copper trading range for the day is 424.6-438.2.

* Copper prices slid with festering Sino-U.S. trade tensions stoking worries over the outlook for global economic growth.

* The global world refined copper market showed a 31,000 tonnes deficit in August, compared with an 84,000 tonnes deficit in July, the ICSG said.

* For the first 8 months of the year, the market was in a 259,000 tonnes deficit compared with a 98,000 tonnes deficit in the same period a year earlier, the ICSG said.

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