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Friday 28 September 2018

EPIC RESEARCH MCX Copper UPDATE OF 28 September 2018

Copper trading range for the day is 440.5-459.5.

* Copper dropped as risk aversion made investors covered their longs ahead of the National Day holiday.

* Persistent concerns over tit-for-tat trade tariffs between China and the United States are denting demand for risky assets.

* Premiums for metal on the physical market in China are at $117.50 a tonne, up nearly 40 percent since August.

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