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Thursday 14 March 2019

EPIC RESEARCH MCX Aluminium UPDATE OF 14 March 2019

Aluminium trading range for the day is 143.2-150.4.

Aluminium prices gained as the greenback fell and US inflation data came in weaker than expected.

Russian aluminium producer Rusal plans to launch the second line of its Boguchansk aluminium smelter in Siberia at the end of this month.

Aluminium stocks held at three major Japanese ports at the end of February rose 1.7 percent to 319,700 tonnes from the previous month.

Warehouse stock for Aluminium at LME was at 1198375mt that is down by -7350mt.

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