EPIC RESEARCH MCX Aluminium UPDATE OF 27 July 2018

Aluminium trading range for the day is 139.8-142.4.

* Aluminium gained buoyed after U.S. President Donald Trump and the European Union reached an agreement that investors hope will avert a trade war.

* The amount of cancelled aluminium inventory — rose 23,175 tonnes, mainly from Busan, taking on-warrant stocks to 939,975 tonnes.

* Japan’s aluminium industry is more concerned over possible U.S. import tariffs on automobiles that could impact a wider range of the country’s industries.

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