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Thursday 30 August 2018

EPIC RESEARCH MCX Copper UPDATE OF 30 AUGUST 2018

Copper trading range for the day is 418.1-427.1.

* Copper dropped pressured by a recovery in the dollar and worries over softer demand from top consumer China.

* China's economy is facing increasing risks in the second half of the year and policymakers need to step up efforts to hit key development goals.

* Amid an escalating trade dispute with Washington, China's economy showed signs of further cooling last month with investment growth at a record-low.


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