EPIC RESEARCH MCX COPPER UPDATE OF 04 SEPTEMBER 2017

Copper trading range for the day is 436.6-445. Copper prices gained tracing rise in LME prices by 0.7 percent to $6835 on signs of supply tightness. Stronger than expected Chinese official PMI manufacturing data at 51.7, has given most of the base metals a boost. Market has been worried since the beginning of this year that copper ore output will fall sharply this year due to strike and output cuts or halts.






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