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Wednesday 27 February 2019

EPIC RESEARCH MCX Copper UPDATE OF 27 February 2019


Copper trading range for the day is 456.7-465.3.

* Copper gained driven by signs of dwindling stocks and progress in U.S.-China trade talks

* President Trump said there was "a very good chance" the United States would strike a deal with China to end their trade war.

* On-warrant LME copper inventories available to the market fell by 6,350 tonnes to 33,450 tonnes, the lowest level since August 2005.


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