EPIC RESEARCH MCX Copper UPDATE OF 13 December 2018
Posted by Commodity Updates by Epic Research on 12:13:00 with No comments
Copper trading range for the day is 439.9-447.3.
* Copper dropped as firmness in dollar weighed following U.S. President Donald Trump’s upbeat comments about a trade deal with China.
* China's copper concentrate imports fell 4.6 percent year-on-year to 1.699 million tonnes last month.
* China’s banks extended more new loans than expected in November after a sharp drop the previous month.
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