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Friday 27 April 2018

EPIC RESEARCH MCX COPPER UPDATE OF 27 APRIL 2018


Copper trading range for the day is 456-469.2. Copper on MCX settled down -0.56% at 460.40 as prices once again trading in negative territory with the bolstered dollar weighing on the complex. The dollar is gaining after the better than expected U.S. economic reports and the European Central Bank held firm on rates. Chile's Escondida said that early contract talks with its workers' union ended without an agreement, setting the stage for legally scheduled negotiations to begin in June.

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