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Tuesday 12 June 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 12 JUNE 2018

Aluminium trading range for the day is 154.7-158.5. Aluminium settled flat as the market remained cautious ahead of Fed’s widely expected meet to increase interest rate. China's inventory of primary aluminium, including SHFE warrants, shrank 30,000 mt from last Thursday to stand at 1.95 million mt. China's trade surplus in May narrowed from April and came in at $24.9 billion, smaller than the expected $33.8 billion.

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