Aluminium trading range for the day is 105.1-108.3.
Aluminium prices dropped on expectations of an oversupplied market adding to the pressure.
Even though aluminium inventories are high, nearly all of them are locked up in financing deals, reducing material available to the market.
Aluminum weekly stocks at Shanghai exchange came down by 7762 tonnes.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Aluminium prices dropped on expectations of an oversupplied market adding to the pressure.
Even though aluminium inventories are high, nearly all of them are locked up in financing deals, reducing material available to the market.
Aluminum weekly stocks at Shanghai exchange came down by 7762 tonnes.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
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