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Thursday, 21 April 2016

EPIC RESEARCH MCX COPPER UPDATE OF 21 APRIL 2016

Copper trading range for the day is 319.6-331.8.              
Copper prices ended with gains buoyed by a generally brightening picture for global growth. 
The global world refined copper market showed a 56,000-tonne surplus in January, compared with a 50,000-tonne deficit in December, ICSG said
The total net long position of funds trading copper on the LME fell to 28,694 lots last Friday from a net long position of 30,092 lots the previous week, data showed.  

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