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Tuesday 24 July 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 24 JULY 2018

Aluminium trading range for the day is 138.2-145.6. Aluminium gained on short covering as after a U.S. official raised the prospect of lifting sanctions on Russia's Rusal. Global primary aluminium output fell to 5.321 million tonnes in June from revised 5.442 million tonnes in May, data from the IAI showed. Estimated Chinese production fell to 3.03 million tonnes in June from 3.09 million tonnes in May, it added.

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