EPIC RESEARCH MCX ALUMINIUM UPDATE OF 8 JUNE 2018

Aluminium trading range for the day is 152.2-160.4. Aluminium settled down tracking weakness in LME prices dropped by1.5 percent at $2,310 a tonne on short covering. China's inventory of primary aluminium, including SHFE warrants, shrank 55,000 mt to stand at 1.98 million mt as of Thursday June 7, data showed. Spot aluminium premiums in Asia have nearly halved in recent weeks, even as U.S. premiums hold at 3-year highs, driven down by an influx of Chinese metal.

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