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Thursday 20 December 2018

EPIC RESEARCH MCX Aluminium UPDATE OF 20 December 2018


Aluminium trading range for the day is 133.7-136.7.

* Aluminium dropped as investors concerned about global economic growth waited to see whether the U.S. Fed would raise interest rates for a fourth time this year.

* China's industrial output rose the least in nearly three years in November and retail sales grew at their weakest pace since 2003.

* Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continued its decline and stood at 1.28 million mt.


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