EPIC RESEARCH MCX COPPER UPDATE OF 05 OCTOBER 2017

Copper trading range for the day is 422.8-432.2. Copper dropped as profit-taking drove prices lower after supply concerns in China lifted recent sessions. Japan's Dowa Holdings Co Ltd expects to produce 34,462 tonnes of refined copper between October and March, down 19.4 percent from the same period a year ago. Data showed the manufacturing sector in China expanded at the fastest clip in more than five years and after Beijing reduced bank reserve requirements to boost lending.

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