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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