EPIC RESEARCH MCX Copper UPDATE OF 8 April 2019

Copper trading range for the day is 439-450.

* Copper prices ended with losses due to pressure from rising supply despite of hopes that the United States and China could soon strike a trade deal.

* Copper stockpiles in LME-approved warehouses surged and inventories at warehouses tied to the ShFE remained near a nine-month high.

* Copper inventories in LME-registered warehouses leaped by 30,375 tonnes to 198,325 tonnes, the highest in six months.


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