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Wednesday, 14 March 2018

EPIC RESEARCH MCX COPPER UPDATE OF 14 MARCH 2018

Copper trading range for the day is 445.9-454.3. Copper prices gained tracking firmness in LME prices finished 0.5 percent higher at $6,945 amid weakness in dollar. China's imports of unwrought copper and copper products in February stood at 352,000 mt, down 20% month on month while up 3.5% year on year. Copper speculators cut their net long position by 12,627 contracts to 28,776 contracts, according to the CFTC data.

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