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Friday, 14 September 2018

EPIC RESEARCH MCX Copper UPDATE OF 14 September 2018

Copper trading range for the day is 424-436.8.

* Copper dropped as investors exercised caution ahead of possible trade talks between the United States and China to resolve an escalating tariff war.

* The US and China have so far imposed tariffs on $50 billion of each other's goods in a spat that has left the market fearing demand for industrial metals will weaken.

* China copper premiums have risen to $91 a tonne, the most since February 2016, in a sign of strong underlying demand for physical metal.

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