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Tuesday 22 January 2019

EPIC RESEARCH MCX Copper UPDATE OF 22 January 2019

Copper trading range for the day is 417.3-432.3.

Copper prices slid amid concerns over slowing economic growth in top industrial metals consumer China.

Prices last week seen supported on signs the trade dispute between the United States and China could be easing.

China's economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment.

Warehouse stock for Copper at LME was at 145025mt that is up by 9925mt.

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