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EPIC RESEARCH MCX COPPER UPDATE OF 28 OCTOBER 2016

Tags: copper demand

Copper trading range for the day is 314.5-324.7.
Copper gained as a run on stockpiles boosted speculation that Demand for the metal is increasing. 
Also helping to support physical copper demand, China's offshore yuan slipped to a fresh six-year low after the PBOC set a weaker midpoint.
LME stocks down slightly by around 10,000 with cancellations and withdrawals mainly in Asia warehouses.
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EPIC RESEARCH MCX COPPER UPDATE OF 28 OCTOBER 2016

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