Thursday, 15 June 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 15 JUNE 2017

Aluminium trading range for the day is 119-122.2. Aluminium dropped as pressure seen after update that China's aluminium production rose 4.2 percent year-on-year in May to hit its second-highest level on record. Qatar's Qatalum aluminium plant is now exporting metals via ports in Kuwait and Oman, as well as a Qatari container port. Many aluminum processors in China told recently that anti-dumping measures against China are beginning to take a toll on their overseas orders.



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