EPIC RESEARCH MCX ALUMINIUM UPDATE OF 30 MARCH 2017

Posted by aditi on 12:07:00 with No comments
Aluminium trading range for the day is 124.7-127.5. Aluminium prices gained supported by optimism that China would carry out plans to cut supply and by a rebound in the oil price. The United States has launched a probe to determine whether imports of Chinese aluminium foil should be subject to anti-dumping and anti-subsidy duties. Japan's aluminium premium for shipments in the April to June quarter was set at $128 per tonne, as higher overseas prices pushed spot premiums in Japan higher.


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