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Monday 4 June 2018

EPIC RESEARCH MCX COPPER UPDATE OF 4 JUNE 2018

Copper trading range for the day is 453-462.2. Copper rose tracking rise in LME prices on short covering after as pressure seen on profit booking after rise in LME stocks. A private survey that showed China's manufacturing sector expanded at a steady pace in May. Copper inventories in warehouses monitored by the Shanghai Futures Exchange rose 1.4 percent from last Friday, the exchange said.

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