EPIC RESEARCH MCX COPPER UPDATE OF 09 JANUARY 2018

Copper trading range for the day is 449.8-458.2.Copper edged away from lows as traders filtered back from holidays and adjusted to a softer dollar and resilient Chinese demand.Data in the week ahead will enable investors to gauge the strength of German and British industry, U.S. spending and Chinese trade at the end of last year.Copper speculators raised their net “long” or buy positions by 13,604 contracts to 113,124 contracts in the week to Jan. 2.









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