EPIC RESEARCH MCX Aluminium UPDATE OF 1 February 2019

Posted by Commodity Updates by Epic Research on 14:37:00 with No comments

Aluminium trading range for the day is 134.8-137.4.
* Aluminium prices remained supported tracking firmness in LME prices amid tightening stocks.
* The global aluminium deficit for 2019 has been trimmed to 490,000 tonnes from 527,500 tonnes.
* China's Chalco shuts Shandong aluminium plant amid rising power costs

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