EPIC RESEARCH MCX Aluminium UPDATE OF 5 December 2018

Aluminium trading range for the day is 138.4-141.4.

Aluminium traded in range as prices gave up gains as doubts over whether China and US will be able to resolve their trade row within a 90-day timeframe came into focus.

In China, social inventories of primary aluminium extend decline amid supply cuts.

China's biggest state-owned aluminum producer plans to cut 470,000 mt of capacity including 30,000 mt at Shanxi Huasheng

Warehouse stock for Aluminium at LME was at 1046275mt that is down by -1750mt.


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