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Monday 4 December 2017

EPIC RESEARCH MCX COPPER UPDATE OF 04 DECEMBER 2017


Copper trading range for the day is 436.9-451.9. Copper prices gained supported by strong manufacturing data in much of Asia and Europe and a weaker dollar. A boost from data showing that global manufacturing expanded at the fastest pace in years last month and the second-best in two decades in the euro zone.Hedge funds and money managers raised their net long positions in COMEX copper contracts in the week to Nov. 28, U.S. CFTC data showed.




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