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Tuesday, 12 March 2019

EPIC RESEARCH MCX Copper UPDATE OF 12 March 2019


Copper trading range for the day is 446.2-453.8.

* Copper prices settled flat on hopes of more policy support for the slowing economy.

* China's unwrought copper imports fell year-on-year in February to their lowest in 11 months, while copper concentrate imports rose to tie the all-time monthly record.

* The Indonesian government has approved one-year export allowances for copper concentrate for miners PT Freeport Indonesia and PT Amman Mineral Nusa Tenggara.

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