EPIC RESEARCH MCX Aluminium UPDATE OF 28 September 2018
Posted by Commodity Updates by Epic Research on 12:20:00 with No comments
Aluminium trading range for the day is 144.4-149.6.
* Aluminium dropped as Rusal is likely to set up a traders’ team in China for the transaction of its aluminium ingot.
* The China’s aluminium inventory cycle has lingered in a destocking phase for 25 weeks.
* Social inventories of primary aluminium across major consumption areas in China, coming at 1.606 million mt, decreased 29.64%
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