EPIC RESEARCH MCX COPPER UPDATE OF 27 MARCH 2018

Copper trading range for the day is 421.6-435.4. Copper slid weighed down by a sharp rise in stockpiles and simmering concerns over the outlook for U.S.-China trade relations. China Feb refined copper imports down 1.8 pct y/y at 229,611 tonnes, data from China's General Administration of Customs showed. Open interest in LME copper, fell to its lowest in more than two years last week and in Shanghai, however, open interest has jumped since mid-January to three-year highs.

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