EPIC RESEARCH MCX Aluminium UPDATE OF 1 August 2018

Aluminium trading range for the day is 141.1-143.9.

Aluminium dropped weighed down by a stronger dollar and after growth in China's manufacturing sector cooled for a second month.

China’s primary aluminium inventory continued to shrink as consumption was bolstered by exports despite a low season in the domestic market.

Aluminium spot discounts in east China narrowed on July 31 as local traders were keen to purchase.

Warehouse stock for Aluminium at LME was at 1196300mt that is down by -1950mt.

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