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Tuesday, 5 March 2019

EPIC RESEARCH MCX Copper UPDATE OF 5 March 2019


Copper trading range for the day is 454-464.4.

Copper prices ended with losses after factory activity in top metals consumer China contracted.

China's Yangshan copper import premium fell to as low as $48 a tonne, the lowest since April 2017, suggesting weak physical demand.

Available LME copper stocks fell to 21,600 tonnes, their lowest since 2005.


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