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Tuesday, 24 April 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 24 APRIL 2018

Aluminium trading range for the day is 137.8-175.8. Aluminium fell on news that the United States has extended the deadline for companies to wind down business with sanctions-hit Russian producer Rusal. Americans engaged with Rusal now have until Oct. 23 to close out their business with the aluminium giant, the U.S. Treasury Department said. Global primary aluminium output excluding China rose to 2.232 million tonnes in March from a revised 2.010 million tonnes in February, IAI data showed.

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