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Friday 8 June 2018

EPIC RESEARCH MCX COPPER UPDATE OF 8 JUNE 2018

Copper trading range for the day is 477-498.6. Copper prices gained as potential disruption in supply from domestic environmental reviews and a declining US dollar supported prices. Some 15,000 mt of blister copper output will be affected in Jiangxi province as inspection teams from the central government settled in the province. The US trade deficit fell to a seven-month low and stood at $46.2 billion in April as exports rose to a record high.

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