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Thursday 7 June 2018

EPIC RESEARCH MCX COPPER UPDATE OF 7 JUNE 2018


Copper trading range for the day is 469.6-488.4. Copper prices gained on fears of a supply squeeze. Prices seen supported as concerns persist over disruption at the Escondida copper mine in Chile, where wage talks are under way. The growing threat of a trade war is not great news for commodity markets as it could reduce global demand as economic growth prospects falter.

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