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Wednesday 27 December 2017

EPIC RESEARCH MCX COPPER UPDATE OF 27 DECEMBER 2017


Copper trading range for the day is 456.2-471.8Copper prices gained as smelters in China cut production amid natural gas shortages in some parts of the country. Due to tight gas supplies in northern China, such as in Hebei and Shandong, some copper processors have been cutting output. Japan's output of rolled copper products rose to 70,362 tonnes in November on a seasonally adjusted basis, up 5.9 percent from a year earlier.




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