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Wednesday 27 April 2016

EPIC RESEARCH MCX COPPER UPDATE OF 27 APRIL 2016

Copper trading range for the day is 324.4-333.4.              
Copper prices dropped amid doubts about demand in top user China and concerns over rising Asian inventories.         
Copper inventories in Asian warehouses have jumped 8 percent to 72,675 tonnes, the highest since Jan. 20.   
Copper inventories on SHFE fell by 28,983 tonnes in the week ending Apr. 15, but the declines slowed down to 253 tonnes in the week ending Apr. 22.

For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co

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