Friday, 6 July 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 06 July 2018

Aluminium trading range for the day is 142.1-146.5.

Aluminium prices dropped as demand took a hit as the U.S. imposes new tariffs on $34 billion worth of goods from China

Alumina production in Lvliang of Shanxi province is likely to be affected as the area was highlighted in China's three-year initiative to "make skies blue again"

The decline in China’s social inventory of primary aluminium continued to slow as the slowdown in consumption suppressed purchasing interest downstream.

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