EPIC RESEARCH MCX ALUMINIUM UPDATE OF 17 July 2018
Posted by Commodity Updates by Epic Research on 15:49:00 with No comments
Aluminium trading range for the day is 137.6-143.8.
* Aluminium gained amid market expectation of the US lifting its sanctions against Russia given improved relations between the two countries.
* China's aluminium producers are responding to tighter supply conditions by boosting output, data showed.
* China's June output rose by 0.8 percent to 2.83 million tonnes, which on daily basis was the highest since June 2017.
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