EPIC RESEARCH MCX COPPER UPDATE OF 28 MAY 2018

Copper trading range for the day is 462.8-472.6. Copper recovered some lost ground, though appetite for risk remained fragile after U.S. President Donald Trump called off a planned summit with North Korean. The CME Group, lowered margins for copper contracts nearly 10 percent, effective after the close of business on May 24. On-warrant stocks of copper in LME warehouses - fell 7,975 tonnes to 226,300 tonnes, their lowest since late January.

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