EPIC RESEARCH MCX Copper UPDATE OF 4 April 2019
Posted by Commodity Updates by Epic Research on 11:24:00 with No comments
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Copper trading range for the day is 442.1-451.1.
* Copper prices rose as strong Chinese manufacturing data and reports of progress in U.S.-China trade talks bolstered the demand outlook.
* Copper also reflected indigenous leaders in Peru rejecting talks with the government to end disruption at a major mine.
* The Chinese Caixin/Markit composite manufacturing and services PMI rose to a nine-month high in March, adding to signs that stimulus is gradually kicking in.
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