EPIC RESEARCH MCX Copper UPDATE OF 6 March 2019

Copper trading range for the day is 457.2-464.2.

Copper prices settled flat as the U.S. dollar strengthened and China cut its economic growth target and pledged measures to support its cooling economy.

China will cut billions of dollars in taxes and fees, increase infrastructure investment, and step up lending to small firms, Premier Li Keqiang said.

China aims to expand its economy by 6.0 percent to 6.5 percent in 2019, less than the gross domestic product growth of 6.6 percent reported last year.


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