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Monday 19 March 2018

EPIC RESEARCH MCX COPPER UPDATE OF 19 MARCH 2018

Copper trading range for the day is 442.3-456.7. Copper prices dropped as the dollar recovered and concerns lingered that U.S. tariffs could provoke a trade war. Copper inventories in warehouses monitored by the Shanghai Futures Exchange rose 10.8 percent from last Friday, the exchange said. China Jan – Feb refined copper output +10.3 pct y/y at 1.48 mln tonnes.

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