EPIC RESEARCH MCX Aluminium UPDATE OF 18 April 2019

Posted by Commodity Updates by Epic Research on 13:16:00 with No comments

Aluminium trading range for the day is 147.6-149.2.

* Aluminium prices gained amid signs of a slower decline in alumina prices and expectations on higher consumption.

* China's exports rebounded in March but imports shrank for a fourth straight month and at a sharper pace, painting a mixed picture of the economy.

* China's central bank said that it would strengthen coordination between monetary, fiscal and other policies to keep growth stable and forestall risks.

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