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Tuesday, 21 March 2017

EPIC RESEARCH MCX COPPER UPDATE OF 21 MARCH 2017

Copper trading range for the day is 379.9-393.3. Copper dropped on worries about demand after G20 ministers dropped a pledge to keep global trade free and open weighed on prices. The labor union at Escondida called a fresh offer of talks by management to end a 39-day strike "manipulative". Hedge funds and money managers trimmed their bullish position in copper by 4700 lots to 52449 lots, the lowest since early Nov, US CFTC data showed.




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