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Wednesday 24 August 2016

EPIC RESEARCH MCX COPPER UPDATE OF 24 AUGUST 2016

Copper trading range for the day is 310-320.6. Copper prices slipped below 314 level to six-week lows on market jitters over the timing of U.S. interest rate rises. LME copper inventories up nearly 30,000 tonnes since Aug. 17 According to ICSG the copper market saw a deficit of 222,000 tonnes in the first five months of the year.           
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