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Friday 14 December 2018

EPIC RESEARCH MCX Copper UPDATE OF 14 December 2018

Copper trading range for the day is 437-449.4.

* Copper dropped pressured by a firmer dollar after ECB trimmed its growth and inflation projections for next year.

* China appears to be easing its high-tech industrial development push, dubbed "Made in China 2025," amid talks between the two countries to reduce trade tensions.

* Market open interest in ShFE copper, fell to 483,788 lots on Wednesday, the lowest since February 2017, on end-of-year short covering.

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