EPIC RESEARCH MCX COPPER UPDATE OF 28 MARCH 2018

Copper trading range for the day is 426.3-436.7. Copper prices climbed lifted by a rebound in equities on hopes that a trade war between top metals consumer China and the United States may be avoided. Workers at Antofagasta Plc's Los Pelambres copper mine in Chile reached an agreement on a new labour contract, defusing the risk of a strike, the union said. With several other key labour contracts up for renewal, the "risk of copper supply disruptions due to strikes is still high as workers demand higher wages.

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