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Wednesday 26 September 2018

EPIC RESEARCH MCX Copper UPDATE OF 26 September 2018

Copper trading range for the day is 450-464.

* Copper dropped as an intensifying trade war between Washington and Beijing raised concerns over demand for industrial metals in top consumer China.

* Chinese copper import premiums hit $107.50 a tonne, the highest since October 2015, indicating strong demand for physical metal.

* US consumer confidence rose in September, notching its highest level in about 18 years.

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