EPIC RESEARCH MCX ALUMINIUM UPDATE OF 6 AUGUST 2018

Aluminium trading range for the day is 137.6-140.6. Aluminium prices ended with losses as pressure continues on worries over possible escalated trade tension between China and the US. China's inventory of primary aluminium across eight major markets, including SHFE warrants, shrank 14,000 mt from last Thursday to stand at 1.78 million mt. Spot aluminium discounts in east China narrowed as traders remained keen to purchase. Warehouse stock for Aluminium at LME was at 1185275mt that is down by -6800mt.

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