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Friday 9 March 2018

EPIC RESEARCH MCX COPPER UPDATE OF 09 MARCH 2018

Copper trading range for the day is 439.2-455.4. Copper dropped as pressure seen after data showed China’s copper imports fell 20 percent month on month in February. Chile posted a trade surplus of $1.25 billion in February, its largest in four years, as copper exports continued strong. Copper exports increased by 59 percent over the same month last year, boosted by increased production and a favorable basis for comparison.

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