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Wednesday 6 February 2019

EPIC RESEARCH MCX Copper UPDATE OF 6 February 2019

Copper trading range for the day is 442.6-449.2.

Copper gained as expectations of a trade agreement between Washington and Beijing underpinned the market.

U.S. President Donald Trump said last week he will meet Chinese President Xi Jinping soon to try to seal a comprehensive trade deal.

Traders have been buoyed by signs that a deal is close in trade talks between the U.S. and China.

Warehouse stock for Copper at LME was at 149800mt that is down by -100mt.

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