Monday 18 June 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 18 June 2018

Aluminium trading range for the day is 149.3-155.7.

Aluminium prices dropped tracking weakness in LME prices as rising Sino-U.S. trade tensions creating additional pressure on China’s economy.

China's aluminium production in May rose 1.5 percent to 2.79 million tonnes from a year earlier.

Aluminium stocks held at three major Japanese ports rose 6.4 percent to 284,200 tonnes by the end of May from the previous month.
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