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Tuesday 4 December 2018

EPIC RESEARCH MCX Copper UPDATE OF 4 December 2018

Copper trading range for the day is 428.2-454.2.

* Copper gained after U.S. and Chinese leaders agreed to a ceasefire in a trade dispute that has shaken global markets.

* China’s copper downstream industries contracted slower compared to a month earlier in November as production and new orders weakened at a slower pace.

* Chile’s state copper miner Codelco, said it had reached agreement on a new collective labour contract with the union of workers at its Ministro Hales mine in northern Chile.

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