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Thursday, 24 May 2018

EPIC RESEARCH MCX COPPER UPDATE OF 24 MAY 2018

Copper trading range for the day is 457.3-476.1. Copper edged lower after U.S. President Donald Trump said he was not pleased with recent trade talks between the United States and China. China will slash import tariffs on certain vehicles and auto parts down to 15%, the Ministry of Finance (MOF) said on Tuesday May 22. Cuts will take effect on July 1. China's economy will likely expand by around 6.7 percent in the second quarter this year, the State Information Center said.

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