EPIC RESEARCH MCX COPPER UPDATE OF 09 FEBRUARY 2018

Copper trading range for the day is 432.4-446.4.Copper extended its downtrend after another big rise of inventories highlighted the market currently has healthy supplies. On-warrant copper inventories in warehouses certified by LME - jumped by 25,700 tonnes on Thursday and have surged by 75 percent over the past three weeks. Last month’s imports of unwrought copper, stood at 440,000 tonnes, according to data from the General Administration of Customs.









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