EPIC RESEARCH MCX Aluminium UPDATE OF 30 January 2019

Posted by Commodity Updates by Epic Research on 11:49:00 with No comments

Aluminium trading range for the day is 130.1-136.9.

* Aluminium prices gained with investors' focus returning to inventories.

* The United States lifted sanctions on Russian aluminium producer Rusal, easing fears of a supply squeeze.

* Inventories of aluminium stand at 1.3 million tonnes in warehouses approved by the LME, near their lowest since May 2018.

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