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Friday 1 June 2018

EPIC RESEARCH MCX COPPER UPDATE OF 1 JUNE 2018

Copper trading range for the day is 450.8-465. Copper slipped after inventories rose, indicating supplies were healthy. China’s data showed its vast manufacturing sector grew at the fastest pace in eight months in May, easing concerns about an economic slowdown. The official Purchasing Managers’ Index rose to 51.9 in May, from 51.4 in April, topping expectations for a dip to 51.3.

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