EPIC RESEARCH MCX Aluminium UPDATE OF 9 August 2018
Posted by Commodity Updates by Epic Research on 12:03:00 with No comments
Aluminium trading range for the day is 137.4-148.4.
Aluminium gained as buoyed by industrial action at Alcoa’s Pinjarra alumina refinery in Western Australia were workers walked off the job indefinitely.
On-warrant stocks of aluminium available to the market in LME-registered warehouses touched their lowest since August 2007 at 833,075 tonnes.
Stocks monitored by the Shanghai Futures Exchange are down 8 percent to 905,924 tonnes from this year’s peak but still up over 20 percent in 2018.
Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > 911 133 9000
Connect with our social media sites
Aluminium gained as buoyed by industrial action at Alcoa’s Pinjarra alumina refinery in Western Australia were workers walked off the job indefinitely.
On-warrant stocks of aluminium available to the market in LME-registered warehouses touched their lowest since August 2007 at 833,075 tonnes.
Stocks monitored by the Shanghai Futures Exchange are down 8 percent to 905,924 tonnes from this year’s peak but still up over 20 percent in 2018.
Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > 911 133 9000
Connect with our social media sites
YouTube | Google+ |
0 comments:
Post a Comment
Note: only a member of this blog may post a comment.