EPIC RESEARCH MCX Aluminium UPDATE OF 20 November 2018

Posted by Commodity Updates by Epic Research on 12:02:00 with No comments

Aluminium trading range for the day is 135.4-141.

* Aluminium dropped tracking weakness in other base metals after prices seen supported after production cuts lower primary aluminium social stocks.

* Aluminium stocks came in at 1.438 million mt as of Monday Nov 19, down some 15,000 mt from Thursday Nov 15

* US manufacturing output rose for a fifth straight month in October, suggesting underlying strength in factory activity.

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