EPIC RESEARCH MCX COPPER UPDATE OF 13 JUNE 2018

Copper trading range for the day is 479.9-489.1. Copper dropped as positive sentiment was tempered by renewed fears of a global trade war amid a lack of consensus at the G7 summit in Canada. Copper investors "remain cautious, with the continued closure of Vedanta's Tuticorin smelter in India as well as the potential for strike action at Escondida. Chinese Customs data showed that China imported 475,000 mt of copper products in May, the highest level since December 2016.

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