EPIC RESEARCH MCX Aluminium UPDATE OF 2 November 2018

Posted by Commodity Updates by Epic Research on 11:32:00 with No comments

Aluminium trading range for the day is 142.8-147.8.

* Aluminium dropped on profit booking after prices gained as environmental probes from the central government’s inspection team bolstered confidence.

* China's exports of alumina surged more than fivefold from August to 165,830 tonnes, the highest monthly volume so far in a year.

* Last month's exports rose from 29,722 tonnes in August and were also up more than 3,400 percent year on year, the General Administration of Customs said. -

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