EPIC RESEARCH MCX Copper UPDATE OF 3 January 2019

Copper trading range for the day is 400.5-416.3.

* Copper recovered on short covering after prices seen pressure on concerns over China's economic growth.

* China's factory activity contracted for the first time in 19 months in December as domestic and export orders continued to weaken.

* Chile's copper production touched 540,720 tonnes in November, its highest level in 13 years, as ore grades and efficient processing favoured increased output.


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