EPIC RESEARCH MCX Copper UPDATE OF 11 January 2019

Posted by Commodity Updates by Epic Research on 10:56:00 with No comments

Copper trading range for the day is 407.2-421.4.

* Copper dropped as lower-than-expected inflation data from China depressed market sentiment.

* Recent transactions in the refined and scrap copper markets have been ordinary, consistent with the off-season.

* China's commerce ministry said trade talks with the US were extensive and detailed, and established a foundation for the resolution of each other’s concerns.

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