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Wednesday, 30 May 2018

EPIC RESEARCH MCX COPPER UPDATE OF 30 MAY 2018

Copper trading range for the day is 455.4-470.4. Copper gained but dropped from the day's high pressured by a firmer dollar and as Italy's deepening political crisis pulled investors out of risky assets. The government of Changzhou in Jiangsu province would intensify its efforts in controlling air pollution across the region from May 28 to June 30. During this period, industrial factories without facilities to control air pollution or those with outdated facilities are required to suspend their operations.

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