EPIC RESEARCH MCX COPPER UPDATE OF 11 JULY 2018

Copper trading range for the day is 426.7-441.9. Copper prices dropped amid ongoing investor anxieties over the prospect of a trade war between the U.S. and China. China's foreign exchange reserves rose $1.51 billion in June to $3.11 trillion, compared with the expected $3.1 trillion, central bank data showed. Labour negotiations at BHP Billiton Plc's Escondida copper mine in Chile, are entering the final three weeks before a 30-month contract expires at the end of July.

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