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Wednesday 19 September 2018

EPIC RESEARCH MCX Copper UPDATE OF 19 September 2018

Copper trading range for the day is 421.3-454.3.

* Copper gained as the latest volley of tit-for-tat tariffs announced by U.S. and China were less harsh than many had feared, easing concerns about a downtick in demand.

* On-warrant stocks of copper in LME-registered warehouses rose 2,875 tonnes to 145,400 tonnes, but are down from more than 234,000 tonnes in mid-August.

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