EPIC RESEARCH MCX ALUMINIUM UPDATE OF 31 JULY 2018

Aluminium trading range for the day is 139.4-143.4. Aluminium prices gained as primary aluminium inventory in China continued to shrink. China’s primary aluminium inventory continued to shrink over the weekend as consumption was bolstered by exports despite a low season in the domestic market. The inventory across eight major consumption areas, including SHFE warrants, decreased 15,000 mt from last Thursday to 1.78 million mt.

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