EPIC RESEARCH MCX Aluminium UPDATE OF 04 September 2018

Posted by Commodity Updates by Epic Research on 11:58:00 with No comments

Aluminium trading range for the day is 146.8-151.4.

* Aluminium prices dropped given a strengthened US dollar and outperformed US consumer sentiment data.

* China's Ministry of Commerce has called domestic aluminium foil makers to a meeting in Beijing to discuss an anti-dumping probe launched by Mexico.

* Primary aluminium inventories across major consumption areas in China shrank over the weekend as limited deliveries arrived.


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