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Tuesday 15 January 2019

EPIC RESEARCH MCX Aluminium UPDATE OF 15 January 2019

Aluminium trading range for the day is 126.5-130.7.

Aluminium dropped as pressure seen after data showed. China's exports unexpectedly fell the most in two years in December.

China's aluminium exports in 2018 rose 20.9 percent from a year earlier to a record high, according to customs data.

The world's top aluminium producer exported 5.8 million tonnes of unwrought aluminium and aluminium products last year, the General Administration of Customs said.

Warehouse stock for Aluminium at LME was at 1294050mt that is up by 9325mt.

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