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Friday 13 May 2016

EPIC RESEARCH MCX COPPER UPDATE OF 13 MAY 2016

Copper trading range for the day is 300.6-321.4.              
Copper dropped sharply on worries about global demand for industrial metals after worse-than-expected data on US jobs and European industrial output.             
The report showed that industrial production fell for a second straight month in March, depressed by every sector except energy
Chinese manufacturing and trade data from the over the week-end reinforced doubts about demand. 

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