EPIC RESEARCH MCX ALUMINIUM UPDATE OF 16 July 2018

Posted by Commodity Updates by Epic Research on 15:46:00 with No comments

Aluminium trading range for the day is 137.2-141.8.

* Aluminium dropped tracking LME prices hit a three-month low ahead of a summit between U.S. President Trump and Russian President Vladimir Putin.

* China’s aluminium exports exceeded half a million tonnes for only the second time ever in June.

* China’s unwrought aluminium and aluminium product exports were 510,000 tonnes last month, worth 9.41 billion yuan.

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