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Wednesday 20 March 2019

EPIC RESEARCH MCX Aluminium UPDATE OF 20 March 2019

Aluminium trading range for the day is 144.8-150.2.

Aluminium prices gained as support seen after Norsk Hydro, was sustaining a cyber-attack that affected its operations.

Primary aluminium stocks at the three main Japanese ports increased by 5,200 tonnes or 1.7% month on month in February 2019.

China January to February alumina output rises 12.3 percent from a year earlier at 12.01 mln tonnes, the National Bureau of Statistics said.

Warehouse stock for Aluminium at LME was at 1178375mt that is up by 2725mt.

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