Thursday, 6 July 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 06 JULY 2017

Aluminium trading range for the day is 124-125.4.Aluminium prices remained firm tracking firmness in LME prices settling at $1,929 after news on output cuts in Xinjiang supported the prices. China’s aluminum production and capacity in operation both rose in June. Aluminum output nationwide increased 20.2% year-on-year to 3.09 million tonnes in June, and rose 21.7% year-on-year to 18.3 million tonnes in H1.



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