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Friday, 13 October 2017

EPIC RESEARCH MCX COPPER UPDATE OF 13 OCTOBER 2017

Copper trading range for the day is 443.1-454.5. Copper inched up as optimism over the demand outlook from major consumer China fuelled buying.Solid demand in China has opened the 'arbitrage window' for copper imports. Premiums for copper held in China bonded zones have climbed by $9 this week to $74, the highest in more than two months.

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