EPIC RESEARCH MCX ALUMINIUM UPDATE OF 30 MAY 2018

Posted by Commodity Updates by Epic Research on 13:11:00 with No comments

Aluminium trading range for the day is 151.9-155.3.

Aluminium prices trading in range between 151-156 range in the short term with a lack of new development for direction.

A global aluminium producer has offered Japanese buyers a premium of $159 per tonne for primary metal shipments for the July-September quarter.

China's inventory of primary aluminium, including SHFE warrants, shrank to 2.05 million mt on fewer deliveries to warehouses at major markets, according to data.

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