EPIC RESEARCH MCX Aluminium UPDATE OF 7 December 2018
Posted by Commodity Updates by Epic Research on 12:01:00 with No comments
Aluminium trading range for the day is 135.8-141.2.
* Aluminium dropped as Huawei CFO arrest in Canada hampered market sentiment
* Oversupply to weigh on aluminium prices in Q1 2019 - Global oversupply of alumina may reach nearly 1.77 million mt in the first quarter of 2019.
* Social inventories of primary aluminium continue decline amid supply cuts -
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