EPIC RESEARCH MCX ALUMINIUM UPDATE OF 01 June 2018

Posted by Commodity Updates by Epic Research on 13:57:00 with No comments
Aluminium trading range for the day is 153-157.8.

Aluminium gained after data in China showed its vast manufacturing sector grew at the fastest pace in eight months in May.

Washington will announce plans to slap tariffs on EU steel and aluminum imports.

China's inventory of primary aluminium, including SHFE warrants, shrank to 2.03 million mt as deliveries to warehouses at major markets continued to be limited

Warehouse stock for Aluminium at LME was at 1205875mt that is down by -4425mt.

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