EPIC RESEARCH MCX Copper UPDATE OF 2 January 2019

Copper trading range for the day is 405.1-411.3.

* Copper prices dropped after signs of slowing growth in China's commodities-hungry economy and a U.S.-China trade war reversed a two-and-a-half-year rally.

* Copper facing its first annual decline since 2015 on worries over slowing economic growth in top consumer China.

* Warehouse stock for Copper at LME was at 132175mt that is up by 2150mt. 3 Zambia's 2018 copper production is projected to rise above the 800,000 tonnes produced last year.


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