EPIC RESEARCH MCX ALUMINIUM UPDATE OF 05 June 2018

Aluminium trading range for the day is 153.3-160.1.

Aluminium gained as the US dollar index weakened but rebounded above 94 after the US-North Korea summit was finalised.

China's inventory of primary aluminium, including SHFE warrants, shrank 40,000 mt and stood at 1.99 million mt as of Monday June 4.

US nonfarm payrolls rose 223,000 in May, significantly better than the expected 188,000, while the unemployment rate fell to an 18-year low of 3.8% in May.


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