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Wednesday 29 November 2017

EPIC RESEARCH MCX COPPER UPDATE OF 29 NOVEMBER 2017

Copper trading range for the day is 431.6-445.6. Copper prices dropped as falls in equity markets have also raised concerns that liquidity will impact investor appetite. Workers at BHP Billiton’s Escondida copper mine in Chile ended a 24-hour strike on Friday, but could down tools again this week over the company’s planned layoffs. Investor confidence in China has been dented by rising bond yields as Beijing stepped up its crackdown on shadow banking and other risky forms of financing.






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