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Friday, 18 May 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 18 MAY 2018

Aluminium trading range for the day is 150.9-162.5. Aluminium prices slipped after inventories increased, showing availability of supplies that could fill a gap if U.S. sanctions on Rusal are not lifted. China's inventory of primary aluminium, including SHFE warrants, fell 58,000 mt to stand at 2.138 million mt. Aluminum Corp of China Ltd, plans to export 30,000-50,000 tonnes of alumina in May, the company’s president told.

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