EPIC RESEARCH MCX Aluminium UPDATE OF 23 October 2018

Posted by Commodity Updates by Epic Research on 12:45:00 with No comments


Aluminium trading range for the day is 146.5-149.9.

Aluminium settled flat as prices seen some support by improved market sentiment and shrinking inventories.

China's primary aluminium production fell for a second straight month in September and slid to its lowest level since May.

In the first nine months of the year, China produced 25.0 million tonnes of aluminium, a rise of 4.2 percent from the same period last year, the data showed.

Warehouse stock for Aluminium at LME was at 1062350mt that is down by -4375mt.


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