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Tuesday 3 May 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 3 MAY 2016

Aluminium trading range for the day is 110.5-111.9.      
Aluminium settled down easing after last week's gains as markets reopened following a long weekend.          
Alcoa Inc has agreed a new power deal in Washington state to prevent the closure at the end of June of its 279,000 tonne-per-year Intalco aluminium smelter.    
Global demand for aluminium will continue to remain strong as worldwide supply tightens. 

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