EPIC RESEARCH MCX ALUMINIUM UPDATE OF 08 MARCH 2018

Aluminium trading range for the day is 134.3-139.9. Aluminium prices slid as the prospect of U.S. tariffs were bolstered by the resignation of Gary Cohn. Rising stocks of aluminium in LME approved warehouses, up at 1.32 million tonnes from around 1.06 million tonnes a month ago, are also weighing on prices.

Aluminium stocks in warehouses monitored by the Shanghai Futures Exchange are at record highs above 842,000 tonnes.

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