EPIC RESEARCH MCX Aluminium UPDATE OF 31 July 2018
Posted by Commodity Updates by Epic Research on 13:48:00 with No comments
Aluminium trading range for the day is 139.4-143.4.
* Aluminium prices gained as primary aluminium inventory in China continued to shrink
* China’s primary aluminium inventory continued to shrink over the weekend as consumption was bolstered by exports despite a low season in the domestic market.
* The inventory across eight major consumption areas, including SHFE warrants, decreased 15,000 mt from last Thursday to 1.78 million mt.
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