EPIC RESEARCH MCX Aluminium UPDATE OF 21 August 2018

Posted by Commodity Updates by Epic Research on 12:42:00 with No comments
Aluminium trading range for the day is 140.1-146.1.

Aluminium gained on easing trade tensions between the U.S. and China, and signs of stronger demand.

Primary aluminium inventories across major consumption areas in China continued their decline over the weekend with limited arrivals and downstream purchases.

Stocks across eight consumption areas, including SHFE warrants, shrank some 20,000 mt to stand at 1.74 million mt as of Monday August 20.

Warehouse stock for Aluminium at LME was at 1115725mt that is down by -4525mt.

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