EPIC RESEARCH MCX Aluminium UPDATE OF 18 September 2018
Posted by Commodity Updates by Epic Research on 13:14:00 with No comments
Aluminium trading range for the day is 143.4-147.8.
* Aluminium gained as weakness in rupee kept supporting prices despite the U.S. Treasury softened the impact of sanctions on Russian Supplier.
* China's aluminium producers cut output by 3 percent in August from the month before, data showed, as high raw material costs squeeze their profit margins.
* China, churned out 2.84 million tonnes of the metal last month, according to the National Bureau of Statistics (NBS).
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