EPIC RESEARCH MCX COPPER UPDATE OF 25 JUNE 2018

Copper trading range for the day is 450-458.4. Copper prices ticked higher, but dropped on weekly basis on fears that a trade conflict between Washington and Beijing would hit demand in China. Copper supply in China has increased sharply amid sluggish demand plagued by higher borrowing costs. China's refined copper output rose 15.5 percent from a year ago to 767,000 tonnes in May, government data showed.

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