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Thursday, 7 June 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 7 JUNE 2018

Aluminium trading range for the day is 154.1-159.9. Aluminium gained as worries about supply disruptions in key producing region resurface. Spot aluminium premiums in Asia have nearly halved in recent weeks, even as U.S. premiums hold at 3-year highs. Premiums also jumped in Europe and Japan but have fallen in recent weeks, particularly in Asia, where the premium has dropped 45 percent from its May 1 high.

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