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Monday 26 November 2018

EPIC RESEARCH MCX Aluminium UPDATE OF 26 November 2018


Aluminium trading range for the day is 135-138.2.

* Aluminium dropped with investors concerned that U.S.-China trade talks next week could fail, damaging economic growth and metals demand.

* Global primary aluminium output rose to 5.414 million tonnes in October from 5.301 million tonnes in September, data from the IAI showed.

* Trade conflict and higher interest rates are slowing the international economy, though there are no signs of a sharp downturn for now, said the OECD.


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