EPIC RESEARCH MCX COPPER UPDATE OF 20 JULY 2018

Copper trading range for the day is 403.3-426.7. Copper dropped as worries over slower growth of China’s economy and uncertainties over trade war continued to depress market sentiment. The People's Bank of China plans to introduce incentives that will boost the liquidity of commercial banks, helping them to expand lending. China's June refined copper output rose by 11.7 pct year-on-year to 776,000 tonnes, the National Bureau of Statistics said.

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