EPIC RESEARCH MCX COPPER UPDATE OF 3 AUGUST 2018

Copper trading range for the day is 409.6-422.2. Copper prices seen supported by potential strikes at Escondida and low levels of LME and SHFE inventory. Fears that the trade row between US and China could hit demand for industrial metals. Workers at BHP Billiton Ltd's Escondida mine in Chile, have voted to reject a company wage offer and go on strike.

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