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Friday 21 October 2016

EPIC RESEARCH MCX COPPER UPDATE OF 21 OCTOBER 2016


Copper trading range for the day is 308.4-314.8.
Copper dropped as Chinese industrial production data for last month missed forecasts. China's economy expanded at a steady 6.7 percent in the third quarter, partly fuelled by red-hot growth in property prices.
Demand growth in major base metals such as copper will slow while the country’s economy enters a new norm.
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