EPIC RESEARCH MCX COPPER UPDATE OF 26 APRIL 2018

Copper trading range for the day is 456-469.2. Copper prices gained after buying sentiment in China picked up following comments from the country’s central government. Data showed copper imports in China, rose nearly 6% in March from a year earlier. China has granted import quotas for copper scrap this year that are reduced by 83.7% from a year ago, in its first 10 rounds of approvals for solid waste import licenses.

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