EPIC RESEARCH MCX Copper UPDATE OF 24 December 2018

Posted by Commodity Updates by Epic Research on 11:53:00 with No comments

Copper trading range for the day is 413.1-424.9.

* Copper dropped as dollar gained after prices earlier seen supported by concerns over lower mine output and a report showing a widening supply deficit.

* The global world refined copper market showed a 168,000 tonnes deficit in September, compared with a 43,000 tonnes deficit in August.

* Copper stocks across Shanghai bonded areas stood at 419,500 mt as of Friday December 21, up 3,800 mt, data showed.

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > +917316642316

Connect with our social media sites