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Friday 7 December 2018

EPIC RESEARCH MCX Copper UPDATE OF 7 December 2018

Copper trading range for the day is 424.8-438.6.

* Copper prices dropped as worries over weak demand caused by Sino-U.S. trade tensions persisted.

* China and US agreed to a truce in their months-long trade war, with U.S. President Donald Trump agreeing to refrain from raising tariffs on Jan. 1.

* But he has also warned that the U.S. will revert to tariffs if the two sides cannot resolve their differences before the stipulated 90 days. -

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