EPIC RESEARCH MCX ALUMINIUM UPDATE OF 19 April 2017
Posted by aditi on 11:41:00 with No comments
Aluminium trading range for the day is 119.5-126.7. Aluminium dropped as pressure seen across the base metals, while prices look firm on signs of robust demand in China and production cuts. Three new aluminium projects with a capacity of 2 million tonnes have been halted in Xinjiang in western China for violating rules Chinese data out on Monday with GDP rising 6.9% against 6.8%, industrial production rose 7.6% suggesting a continuing recovery in growth.
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