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Thursday 15 November 2018

EPIC RESEARCH MCX Copper UPDATE OF 15 November 2018

Copper trading range for the day is 422.5-438.9.

* Copper gained with investors looking to potential stimulus spending in China after weak retail and credit growth data in October.

* Chinese copper smelters are looking to make more investments in mines, pushing to shore up supply of concentrate.

* China's industrial output and investment growth beat forecasts, suggesting a flurry of support measures may be starting to take hold.

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