EPIC RESEARCH MCX ALUMINIUM UPDATE OF 31 MAY 2018

Posted by Commodity Updates by Epic Research on 15:03:00 with No comments

Aluminium trading range for the day is 151-155.

Aluminium prices traded in range as concerns over the prospect of a U.S.-China trade war simmered, weighing on metals.

Two global aluminium producers have offered Japanese buyers a premium of $159 to $160 per tonne for primary metal shipments for the July to September quarter.

Japan produced 107,000 mt of flat rolled aluminium products in April, up 4.7% year on year, according to data from the Japan Aluminium Association.


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