EPIC RESEARCH MCX ALUMINIUM UPDATE OF 04 July 2018

Aluminium trading range for the day is 141.4-148.6.

Aluminium prices remained under pressure as escalating U.S.-China trade tensions raised concerns about demand.

China's social inventory of primary aluminium declined slower over the weekend as downstream buyers' procurement enthusiasm cooled.

Inventories of primary aluminium, including SHFE warrants, across eight major consumption areas in China shrank 9,000 mt to stand at 1.84 million mt.

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