EPIC RESEARCH MCX Copper UPDATE OF 12 December 2018

Posted by Commodity Updates by Epic Research on 11:38:00 with No comments

Copper trading range for the day is 433-454.4.

Copper recouped its losses lifted by a weaker dollar and confirmation that U.S.-China trade talks are still ongoing.

Chilean copper production rose by 6 percent between January and October compared to the same period last year, reaching 4.74 million tonnes.

Chinese import data reinforced worries about growth in demand for industrial metals fuelled by the ongoing U.S.-China trade dispute.


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