EPIC RESEARCH MCX COPPER UPDATE OF 21 AUGUST 2018

Copper trading range for the day is 405.4-418.2. Copper climbed as appetite for risk revived on hopes of progress in a trade dispute between the world's top two economies. Chile's Antofagasta, one of the world's leading copper producers, expects copper prices to continue to be volatile due to global trade tensions. The union representing workers of Chilean copper mine Escondida signed a new collective labor contract, ending the risk of a strike, easing supply concerns.

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