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Tuesday, 27 November 2018

EPIC RESEARCH MCX Copper UPDATE OF 27 November 2018

Copper trading range for the day is 425.1-436.5.

* Copper traded in range amid caution ahead of trade talks between United States President Donald Trump and Chinese President Xi Jinping later this week.

* China's economic growth is expected to hit 6.6 percent this year and slow to 6.3 percent in 2019 as the country struggles with challenges relating to trade reform.

*Copper inventories in warehouses monitored by the Shanghai Futures Exchange fell 1.2 percent from last Friday.

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