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Thursday 26 April 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 26 APRIL 2018





Aluminium trading range for the day is 143.3-155.3. Aluminium clawed back some lost ground on short covering. seen after concerns over the impact of U.S. sanctions on Russian producer United Company Rusal eased. Alunorte, was ordered to shut half of its output in late February amid a probe into allegations the site contaminated local water supplies. Consumption of aluminium in China, the world's top user, will increase by 7-9 percent this year and next.

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