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Wednesday 4 April 2018

EPIC RESEARCH MCX COPPER UPDATE OF 4 APRIL 2018

Copper trading range for the day is 436.6-444. Copper prices gained supported by stronger-than-expected manufacturing growth in China. China's large state-owned manufacturers returned a solid report card for March as authorities lifted winter pollution restrictions and steel mills cranked up output. Japan's Sumitomo copper smelter, said it planned to produce 452,000 tonnes of refined copper in the 2018/19 financial year that started this month, up 0.4 percent from a year earlier.

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