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Thursday, 6 April 2017

EPIC RESEARCH MCX COPPER UPDATE OF 06 April 2017

LME Copper prices jumped 2 percent yesterday to close at $5895/t as return of Chinese markets after a two day break boosted an upside. Further, ADP data showed private employers added 263,000 jobs in March, more than the number they hired in February and well above economists' expectations. Also, supply disruption concerns might rise as unionised workers at Southern Copper Corp’s Toquepala and Cuajone mines in Peru are planning a strike that could start as early as Friday April 7.






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