EPIC RESEARCH MCX Aluminium UPDATE OF 17 August 2018
Posted by Commodity Updates by Epic Research on 12:42:00 with No comments
Aluminium trading range for the day is 140.6-144.4.
* Aluminium dropped as safe-haven demand rooted in fears over fallout from the Turkish lira’s recent drop boosted the U.S. currency.
* China July alumina output +8.3 pct y/y at 5.81 mln tonnes - stats bureau
* Primary aluminium inventories across major consumption areas in China continued to decrease this week with limited arrivals
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