EPIC RESEARCH MCX COPPER UPDATE OF 02 MAY 2017

Copper trading range for the day is 365.7-392.5.Copper rose after news that workers from the Indonesian unit of Freeport McMoRan Inc staged a rally near its Papua mine, protesting against layoffs by the miner.However upside seen limited amid a soft reading on China's manufacturing sector released over the weekend.The official manufacturing PMI dipped to a six-month low of 51.2 in April from 51.8 in March, below the forecast for 51.6.

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