EPIC RESEARCH MCX ALUMINIUM UPDATE OF 05 July 2018

Posted by Commodity Updates by Epic Research on 13:13:00 with No comments

Aluminium trading range for the day is 142.4-146.8.

Aluminium gains on short covering after prices dropped due to the sluggish demand in China amid low season.

A total of 1.29 million mt of new aluminium capacity was commissioned in the first six months of this year, while a total of 2.36 million mt in next six months.

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

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > 911 133 9000

Connect with our social media sites

FacebookTwitterYouTubePinterestLinkedinGoogle+