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Tuesday 15 January 2019

EPIC RESEARCH MCX Copper UPDATE OF 15 January 2019

Copper trading range for the day is 410.1-417.1.

Copper prices fell after China reported lower-than-expected export and import figures for December.

China's December exports unexpectedly fell 4.4 percent from a year earlier, the biggest monthly drop in two years, pointing to further weakening.

China's 2018 imports of unwrought copper rose 12.9 percent from a year earlier to a record annual high of 5.3 million tonnes.

Warehouse stock for Copper at LME was at 133700mt that is unchange mt.

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