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Tuesday 6 December 2016

EPIC RESEARCH MCX COPPER UPDATE OF 6 DECEMBER 2016

Copper trading range for the day is 394.5-415.9. Copper prices ended with gains on an improving demand outlook and concerns about supply constraints next year. A private report showed U.S. non-manufacturing industries expanded at the fastest pace in 13 months. Hedge funds and money managers raised their bullish stance in copper contracts to a record for a fourth straight week, CFTC data showed.


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