EPIC RESEARCH MCX Copper UPDATE OF 13 February 2019

Posted by Commodity Updates by Epic Research on 11:28:00 with No comments

Copper trading range for the day is 425.3-443.3.

* Copper dropped as pressure seen after Chilean state miner Codelco said it hoped to restart operations soon at its Chuquicamata copper mine.

* Consumption growth in China is likely to slow further this year, a commerce ministry official said, adding that slower growth last year.

* However, retail sales this year would still be growing at a steady, relatively fast pace, a commerce ministry official told reporters.

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