EPIC RESEARCH MCX Aluminium UPDATE OF 6 August 2018
Posted by Commodity Updates by Epic Research on 11:55:00 with No comments
Aluminium trading range for the day is 137.6-140.6.
Aluminium prices ended with losses as pressure continues on worries over possible escalated trade tension between China and the US.
China's inventory of primary aluminium across eight major markets, including SHFE warrants, shrank 14,000 mt from last Thursday to stand at 1.78 million mt.
Spot aluminium discounts in east China narrowed as traders remained keen to purchase.
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Aluminium prices ended with losses as pressure continues on worries over possible escalated trade tension between China and the US.
China's inventory of primary aluminium across eight major markets, including SHFE warrants, shrank 14,000 mt from last Thursday to stand at 1.78 million mt.
Spot aluminium discounts in east China narrowed as traders remained keen to purchase.
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US Stock Market News
For quick free trial click here > 911 133 9000
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