EPIC RESEARCH MCX ALUMINIUM UPDATE OF 11 APRIL 2018

Aluminium trading range for the day is 135.2-151.2. Aluminium prices rose as U.S. sanctions on Russian producer United Company Rusal continue to fuel concerns over supply. China imported only 14,631 tonnes of primary aluminium from Russia in 2017, according to Chinese customs data, although Russia was still its top foreign supplier. The arbitrage between ShFE and LME aluminium prices, narrowed by more than 100 yuan to a discount of 1,356.97 yuan a tonne.


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