EPIC RESEARCH MCX ALUMINIUM UPDATE OF 19 JULY 2017

Aluminium trading range for the day is 120.8-124.4.Aluminium gained as investors worried about an environmental crackdown in China to close polluting smelters. Aluminium stocks in Shanghai, Wuxi, Nanhai, Hangzhou and Gongyi totaled 1.25 million tonnes, up 30,000 tonnes on a weekly basis. NBS data showed the country produced 2.93 million tonnes of primary aluminum in June, up 7.4% year-on-year.




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