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Wednesday, 29 August 2018

EPIC RESEARCH MCX Aluminium UPDATE OF 29 AUGUST 2018

Aluminium trading range for the day is 144.1-151.1.

Aluminium gained as tight supplies and higher purchasing prices of alumina in the overseas market pulled up prices.

China's export of unwrought aluminium and aluminium semis in July rose 18% from a year ago to stand at 519,000 mt.

China’s aluminium exports rose to their second-highest level on record in July.

Warehouse stock for Aluminium at LME was at 1089275mt that is down by -5850mt.

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