EPIC RESEARCH MCX COPPER UPDATE OF 2 JULY 2018

Copper trading range for the day is 448.2-459.4. Copper prices remained under pressure from escalating trade tensions between the United States and top metals consumer China. China’s top copper smelters failed to set minimum treatment and refining charges for copper concentrate in the third quarter of 2018. China’s manufacturing sector showed slower growth in the second quarter, a private survey showed, as export orders slipped.

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