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Monday, 19 November 2018

EPIC RESEARCH MCX Copper UPDATE OF 19 November 2018


Copper trading range for the day is 430.3-450.5.

* Copper gained after a Trump administration official told the list of items that China said it was not willing to negotiate was unacceptable to the United States.

* Chinese copper smelter Jiangxi Copper and miner Antofagasta agreed 2019 copper TC/RCs at $80.80 a tonne and 8.08 cents a pound.

* Copper inventories in warehouses monitored by the Shanghai Futures Exchange fell 5.3 percent from last Friday, the exchange said.

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