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Friday 1 March 2019

EPIC RESEARCH MCX Aluminium UPDATE OF 1 March 2019

Aluminium trading range for the day is 148.3-152.3.

Aluminium prices remained supported by new market talks of headwinds against the full production recovery of Hydro’s Alunorte alumina refinery in Brazil.

The Federal Reserve is in "no rush to make a judgment" about further changes to interest rates, Fed Chairman Jerome Powell told.

Prime Minister Theresa May was considering delaying the March 29 deadline for the UK's exit from the European Union.

Warehouse stock for Aluminium at LME was at 1219700mt that is down by -4375mt.

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