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Thursday, 19 January 2017

EPIC RESEARCH MCX COPPER UPDATE OF 19 JANUARY 2017


Copper trading range for the day is 390.6-397.4. Copper steadied after prices dropped when U.S. President-elect Donald Trump rattled investors by saying the dollar was too strong. China's economy likely grew by a steady 6.7 percent in the fourth quarter, the same pace as in the previous three quarters Barclays raises 2017 copper price forecasts to $5,458/t (248 c/lb) and iron ore to $62.5/t .




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