EPIC RESEARCH MCX ALUMINIUM UPDATE OF 13 June 2018
Posted by Commodity Updates by Epic Research on 12:56:00 with No comments
Aluminium trading range for the day is 154.7-158.9.
Aluminium dropped on profit booking after prices gained amid reports that a Brazilian court denied an appeal of an injunction limiting production at Norsk Hydro’s refinery.
China's aluminium output for May declined 3.2% on the year and stood at 3.07 million mt.
China's inventory of primary aluminium, including SHFE warrants, shrank 30,000 mt to stand at 1.95 million mt.
China's aluminium output for May declined 3.2% on the year and stood at 3.07 million mt.
China's inventory of primary aluminium, including SHFE warrants, shrank 30,000 mt to stand at 1.95 million mt.
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