EPIC RESEARCH MCX ALUMINIUM UPDATE OF 15 MAY 2018

Aluminium trading range for the day is 151.5-160.5. Aluminium prices gained tracking rise in LME prices with support from calm US-Sino trade tension. China's inventory of primary aluminium, including SHFE warrants, shrank to 2.15 million mt due to rising consumption. Aluminium exports from top producer China inched higher in April, as new U.S. import tariffs were offset by U.S. sanctions on Russia’s Rusal.

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