Aluminium trading range for the day is 129.8-133.
* Aluminium traded in range as recent supply cuts and some 800,000 mt capacity cuts agreed among Chinese biggest firms supported prices.
* The global aluminium market had a reasonably substantial deficit, while Beijing has made it clear it wants to see more consolidation in China's aluminium sector.
* Smaller arrivals, together with sellers destocking at the year-end lowered inventories of aluminium billet by 11,900 mt.
* Warehouse stock for Aluminium at LME was at 1266575mt that is up by 1325mt.
Subscribe now for best COMMODITY TIPS
For quick free trial click here < +917316642316
Connect with our social media sites
| YouTube | Google+ |
0 on: "EPIC RESEARCH MCX Aluminium UPDATE OF 27 December 2018"