EPIC RESEARCH MCX ALUMINIUM UPDATE OF 15 June 2018
Posted by Commodity Updates by Epic Research on 13:26:00 with No comments
Aluminium trading range for the day is 152.9-155.7.
Aluminium dropped as pressure tracking LME prices ended down 0.8 percent at $2,256 on concerns over demand in top consumer China.
China's aluminium production in May rose 1.5 percent to 2.79 million tonnes from a year earlier, data showed.
On a daily basis, the world's top aluminium producer churned out 90,000 tonnes of the metal last month, compared with 92,300 tonnes in April.
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