EPIC RESEARCH MCX COPPER UPDATE OF 08 MARCH 2018

Copper trading range for the day is 447.1-457.5. Copper prices dropped as the market looked ahead to key data from top consumer China. China is likely to eliminate its dependency on overseas refined copper and move to develop foreign copper ore supplies by optimizing its industry. A raft of Chinese economic data over the next couple of weeks is expected to show growth was mostly stable at the start of the year.

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