EPIC RESEARCH MCX Aluminium UPDATE OF 5 April 2019

Posted by Commodity Updates by Epic Research on 12:03:00 with No comments

Aluminium trading range for the day is 145.9-149.9.

* Aluminium prices ended with gains as support seen amid positive signals from U.S.-China trade talks.

* Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.641 million mt.

* In China, activity in its services sector picked up to a 14-month high in March, adding to signs that government stimulus policies are gradually kicking in.

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