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Monday 23 April 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 23 APRIL 2018

Aluminium trading range for the day is 157.7-172.5. Aluminium prices gained driven by fears of supply disruptions caused by U.S. sanctions on Russia's United Company Rusal. Rusal is stockpiling large quantities of aluminium at one of its plants in Siberia because U.S. sanctions imposed this month have prevented it from selling the metal to customers. China exported 55,737 tonnes of alumina last year, according to data from the General Administration of Customs.

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