EPIC RESEARCH MCX Copper UPDATE OF 3 April 2019

Copper trading range for the day is 439.1-453.3.

Copper prices traded with weakness as supply concerns from a copper mine in Peru eased slightly

The Peruvian government offered a deal to indigenous protesters to lift their blockade at the Las Bambas copper mine owned by China’s MMG Ltd.

Japan's Sumitomo Metal Mining Co Ltd, said it planned to produce 420,000 tonnes of refined copper in the 2019/20 financial year.

Warehouse stock for Copper at LME was at 167425mt that is down by -1100mt.


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