EPIC RESEARCH MCX COPPER UPDATE OF 27 MARCH 2017

Copper trading range for the day is 376.7-385.5. Copper dropped with striking union members agreeing to return to work at the world's top copper mine, in Chile. The strike at Chile's Escondida, is ending after workers decided to invoke a rarely used legal provision that allows them to extend their old contract. Copper stocks in LME approved warehouses have shot up 63 percent since March 2 to 312,525 tonnes while on warrant inventories have doubled.



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