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Friday, 13 April 2018

EPIC RESEARCH MCX COPPER UPDATE OF 13 APRIL 2018

Copper trading range for the day is 434.5-451.9. Copper dropped as the threat of imminent U.S. military action in Syria rattled investors. Copper spot premiums in the south China market climbed to 220-250 yuan/mt as sellers slowed down destocking. Japan’s largest copper smelter Pan Pacific Copper plans to increase its output by 300,000 mt during April to September this year, the company said.

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