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Monday 3 December 2018

EPIC RESEARCH MCX Copper UPDATE OF 3 December 2018

Copper trading range for the day is 428.6-438.8.

* Copper settled flat ahead of a meeting of global leaders at the G20 summit, where trade dispute between China and US is expected to take centre stage.

* Copper inventories in warehouses monitored by the Shanghai Futures Exchange fell 1.6 percent from last Friday, the exchange said.

* Chile's Codelco, the world's largest copper producer, said mine output fell 3 percent in the first nine months of the year as ore grades sharply declined.

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