EPIC RESEARCH MCX COPPER UPDATE OF 20 APRIL 2018

Copper trading range for the day is 447.5-468.7. Copper prices dropped as concerns over more US sanctions eased. Approval for copper scrap imports in the 10th batch of approvals for restricted solid scrap material imports stood at the highest levels among the ten batches this year. The Federal Reserve said industrial production rose 0.5 percent in March after jumping 1.0 percent in February.

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