EPIC RESEARCH MCX Copper UPDATE OF 8 March 2019

Copper trading range for the day is 450-457.2.

Copper prices fell as rising stockpiles and a drop in the premium for directly available metal signalled a supply squeeze on the London Metal Exchange may be easing.

Inventories in LME-registered warehouses rose to 120,075 tonnes from 116,872 tonnes on Wednesday, the lowest since 2008.

Stockpiles in Shanghai Futures Exchange (ShFE) warehouses have more than doubled to 227,049 tonnes

Subscribe now for best COMMODITY TIPS
For quick free trial click here < +917316642316

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+