EPIC RESEARCH MCX COPPER UPDATE OF 14 JUNE 2018

Copper trading range for the day is 478.9-490.3. Copper settled flat as worries about demand in China undermined sentiment before a lower dollar helped prices to recover. China's total social financing, a broad measure of credit and liquidity in the economy, dropped sharply to 760.8 billion yuan in May from 1.56 trillion yuan in April. Global copper concentrate output to grow at a slower pace and unable to meet the demand from additional smelting capacities.

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