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Monday, 15 October 2018

EPIC RESEARCH MCX Copper UPDATE OF 15 October 2018

Copper trading range for the day is 453.7-465.7.

* Copper seen supported amid shrinking inventories and in anticipation of growth in Chinese infrastructure and upbeat orders for stockpiling before the year-end.

* China's imports of copper rose 24.0 percent from month ago to 521,000 tonnes in September, data from the General Administration of Customs showed.

* Chinese data showed an unexpected acceleration in Chinese export growth in September and a record trade surplus with the United States.

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