EPIC RESEARCH MCX Aluminium UPDATE OF 4 April 2019

Posted by Commodity Updates by Epic Research on 11:27:00 with No comments

Aluminium trading range for the day is 145.2-148.6.

* Aluminium prices dropped as risk aversion grows amid concerns about a global economic slowdown.

* However, downside seen limited after a senior U.S. official expressed optimism about progress in the scheduled trade talks with China this week.

* Activity in the U.S. economy’s service sector slowed in March but stayed clearly in expansion territory, according to a closely-watched survey.

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