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Thursday, 14 June 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 14 JUNE 2018

Aluminium trading range for the day is 153.3-156.9. Aluminium dropped tracking weakness in LME prices as investors fretted over liquidity in China. China's export of unwrought aluminium and aluminium semis in May reached a record high since the start of 2015 to stand at 485,000 mt. Exports of Chinese aluminium products were bolstered by restrictions on Rusal brand aluminium products in US sanctions a month ago.

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