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Monday 15 April 2019

EPIC RESEARCH MCX Aluminium UPDATE OF 15 April 2019

Aluminium trading range for the day is 146-148.4.

Aluminium on MCX settled up as support seen Chinalco’s bauxite train accident grew risk aversion.

China's aluminium exports, meanwhile, rebounded from a two-year low in February and hit its second highest on record, Chinese customs data showed.

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.636 million mt, down some 5,000 mt

Warehouse stock for Aluminium at LME was at 1081975mt that is down by -4100mt.

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