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Wednesday, 13 April 2016

EPIC RESEARCH MCX COPPER UPDATE OF 13 APRIL 2016

Copper trading range for the day is 304.8-321.2.              
Copper gained as encouraging economic signals from China were offset by a looming slowdown in seasonal demand.
Signs in China's physical market were also looking positive, with local metal trading at a premium to front month ShFE futures for the past four sessions.         
Federal Reserve Chair Janet Yellen said that the U.S. central bank's interest-rate decisions will depend on how the economy performs.

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