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Tuesday 3 April 2018

EPIC RESEARCH MCX COPPER UPDATE OF 3 APRIL 2018

Copper trading range for the day is 436-443.6. Copper prices ended with gains as support seen after the dollar slipped. China's top copper smelters cut their minimum treatment and refining charges for copper concentrate by 10.3 percent for the second quarter of 2018. Hedge funds and money managers cut their net long positions in COMEX copper contracts in the week to March 20, U.S. CFTC data showed.

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