EPIC RESEARCH MCX ALUMINIUM UPDATE OF 19 APRIL 2018

Aluminium trading range for the day is 154.2-176.6. Aluminium prices rose as the impact of US sanctions against Russia continues to impact the global supply of the industrial metal. Investors may be nervous in the current economic climate given that aluminium has been flying high itself because of US sanctions against Russia’s UC Rusal - ING. Aluminium’s three-month price climbed $132 to $2,537 per tonne despite Inventories increased 100 tonnes to 1,412,500 tonnes.

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