EPIC RESEARCH MCX ALUMINIUM UPDATE OF 6 JUNE 2018

Aluminium trading range for the day is 154.7-159.5. Aluminium prices gained tracking rise in LME prices on fears of a supply squeeze. Aluminium inventories held in LME- warehouses fell by another 7,050 tonnes, taking them to their lowest since early February at 1.192 million tonnes. United Company Rusal, in May increased aluminium exports to 197,000 tonnes, up almost threefold from April.

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