EPIC RESEARCH MCX Aluminium UPDATE OF 16 August 2018

Posted by Commodity Updates by Epic Research on 12:16:00 with No comments
Aluminium trading range for the day is 141.6-146.8.

* Aluminium remained under pressure as a currency crisis engulfing Turkey rippled across markets and prompted investors to dump riskier assets.

* China's primary aluminium production climbed 12 percent in July from the same month a year earlier, equalling its monthly record.

* The world's biggest aluminium producer churned out 2.93 million tonnes of the metal last month, according to National Bureau of Statistics data released.

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