EPIC RESEARCH MCX Aluminium UPDATE OF 28 August 2018

Aluminium trading range for the day is 143.8-145.8.

Aluminium seen supported as a weaker US dollar and improved market sentiment buoyed the prices.

China's export of unwrought aluminium and aluminium semis in July rose 18% from a year ago to stand at 519,000 mt.

China’s aluminium exports rose to their second-highest level on record in July, as a weaker yuan and a still-favourable price arbitrage to international markets.

Warehouse stock for Aluminium at LME was at 1095125mt that is down by -4850mt.


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