EPIC RESEARCH MCX Aluminium UPDATE OF 05 September 2018

Posted by Commodity Updates by Epic Research on 12:13:00 with No comments
Aluminium trading range for the day is 144.5-150.7.

* Aluminium dropped on concerns the U.S.-China trade war could take a turn for worse while a stronger dollar also caused selling pressure.

* The city of Binzhou in eastern China’s Shandong province, is planning five new projects to support development of a high-end aluminium industry.

* Two global aluminium producers have offered Japanese buyers lower premiums for primary metal shipments for the October to December quarter.

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