Monday, 25 April 2016

EPIC RESEARCH MCX COPPER UPDATE OF 25 APRIL 2016

11:59:00

Copper trading range for the day is 324-343.4.
Copper rose amid optimism that demand is improving in China, the world’s biggest user.
China’s copper concentrate imports surged 34% year-on-year to 4 million tonnes in the first quarter of 2016, according to China Customs data.
The global copper market has recorded a surplus of 120,000 tonnes during January to February this year, the WBMS said.
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