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Wednesday 23 May 2018

EPIC RESEARCH MCX COPPER UPDATE OF 23 MAY 2018

Copper trading range for the day is 461.6-479.8. Copper rose with prices underpinned as the chance of a U.S.-China trade war appeared to fade. Washington and Beijing both claimed victory as the world’s two largest economies stepped back from the brink of a global trade war and agreed to hold further talks. Copper market in 86,000 tonnes surplus in Feb 2018 – ICSG.

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