EPIC RESEARCH MCX Copper UPDATE OF 23 January 2019

Posted by Commodity Updates by Epic Research on 11:43:00 with No comments

Copper trading range for the day is 416.5-426.3.

Copper prices edged down after economic growth in top metals consumer China slowed to its weakest in 28 years.

The global world refined copper market showed a 15,000-tonne deficit in October, compared with a 161,000-tonne deficit in September, ICSG said.

Exports and imports unexpectedly shrank last month, while falling factory orders point to a further drop in activity in coming months.

Warehouse stock for Copper at LME was at 145025mt that is unchange mt

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