EPIC RESEARCH MCX COPPER UPDATE OF 15 MAY 2018

Copper trading range for the day is 458.1-469.7. Copper dropped coming under pressure from a rise in stockpiles. China’s central bank will maintain its neutral monetary policy and keep liquidity and credit growth largely steady while keeping the yuan currency basically stable. Copper inventories in warehouses monitored by the Shanghai Futures Exchange rose 5.6 percent from last Friday, the exchange said.

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