EPIC RESEARCH MCX Copper UPDATE OF 16 October 2018
Posted by Commodity Updates by Epic Research on 13:14:00 with No comments
Copper trading range for the day is 451.2-467.6.
* Copper eased as concerns remain that trade tensions between China and the U.S. may dampen demand.
* LME copper stocks have dropped since August as ShFE stocks have climbed, reflecting higher imports after a crackdown on waste imports that cut the availability.
* China's restriction of copper scrap imports is boosting demand for use of cathode or other copper products in smelting/refining.
Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > 7316642316
Connect with our social media sites
YouTube | Google+ |
0 comments:
Post a Comment
Note: only a member of this blog may post a comment.