EPIC RESEARCH MCX Copper UPDATE OF 9 April 2019

Copper trading range for the day is 441.2-458.2.

* Copper prices rose as investors hoped for more stimulus measures in top metals consumer China and a key copper conference was set to begin in Chile.

* Citing data released on the People’s Bank of China’s website, the central bank raised reserves to 60.62 million ounces in March from 60.26 million a month earlier.

* Global copper producers are converging in Chile this week as tightening supply buoys prices, even as the industry grapples with declining ore quality.


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