EPIC RESEARCH MCX Aluminium UPDATE OF 8 April 2019

Posted by Commodity Updates by Epic Research on 11:30:00 with No comments

Aluminium trading range for the day is 145.5-150.1.

* Aluminium prices dropped as pressure seen after production at Norwegian aluminium maker Norsk Hydro was back to near normal after a cyber attack last month.

* The United States and China are edging closer to a trade deal after months of dispute.

* Primary aluminium inventories declined for three consecutive weeks as consumption continued to recover.

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