EPIC RESEARCH MCX ALUMINIUM UPDATE OF 13 APRIL 2018

Aluminium trading range for the day is 141.3-158.9. Aluminium prices rallied as U.S. sanctions on Russian producer United Co. Rusal send buyers scrambling to find supplies. LME inventories surged by nearly 100,000 tonnes sparked by Russian producer Rusal being hit by U.S. sanctions. The LME announced a suspension of Rusal branded material effective April 17 and analysts said there would be a rush to put material in LME warehouses.

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