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Wednesday 14 November 2018

EPIC RESEARCH MCX Copper UPDATE OF 14 November 2018

Copper trading range for the day is 420.2-446.4.

* Copper dropped as slow growth in China’s social financing for October grew market pessimism.

* China's imports of unwrought copper and copper concentrate both fell by 18.7 percent month-on-month in October, albeit from bumper September volumes.

* Investors await series of data from China including industrial output and retail sales for further clues on the economic health.

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