EPIC RESEARCH MCX Aluminium UPDATE OF 18 January 2019

Posted by Commodity Updates by Epic Research on 11:02:00 with No comments

Aluminium trading range for the day is 128-133.8.

* Aluminium fell after a vote by U.S. lawmakers cleared the way for sanctions to be lifted on major producer Rusal, potentially increasing supply.

* The U.S. Senate rejected legislation to keep sanctions on companies linked to Russian oligarch Oleg Deripaska, including aluminium firm Rusal

* Aluminium maker Norsk Hydro said the Brazilian state of Para had lifted a production embargo on its Alunorte alumina facility.

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