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Tuesday 7 November 2017

EPIC RESEARCH MCX COPPER UPDATE OF 07 NOVEMBER 2017


Copper trading range for the day is 444.5-456.7.Copper gains supported by upbeat sentiment over potential demand from electric vehicles in the wake of last week's cheery London industry week.Copper prices have climbed nearly 7 percent this quarter and are eyeing a sixth straight quarter of growth.Hedge funds and money managers reduced their net long position in COMEX copper contracts in the latest week.

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