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Wednesday 8 August 2018

EPIC RESEARCH MCX COPPER UPDATE OF 8 AUGUST 2018

Copper trading range for the day is 414.2-422.6. Copper prices seen support on fears a wage dispute at the world’s largest copper mine could result in a strike if an agreement isn’t reached. China's $60 billion tariffs on US goods see little impact on copper. Miner BHP said requested government mediation with union at its Escondida copper mine, prompting union to postpone the start of a strike.

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