EPIC RESEARCH MCX Copper UPDATE OF 18 April 2019

Copper trading range for the day is 449.6-461.8.

* Copper prices rose after data from China showed higher unwrought copper imports in March, while declining inventory and concerns over supply deficit also lent support.

* China imported 391,000 tonnes of unwrought copper last month, up 25.7 percent from the previous month and 26.5 percent higher than a year earlier.

* Copper stocks in LME-approved warehouses were down 2,000 tonnes on April 11 compared with the previous day.

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