Tuesday, 22 January 2019

Aluminium Dropped After Data Showed Weaker Economic Growth

Aluminium trading range for the day is 129.8-135.2.

Aluminium dropped after data showed weaker economic growth and on expectations of slowing activity ahead of the Lunar New Year holiday.

China's primary aluminium output defied low prices to rise for a second straight month to a record high in December.

The world's top producer churned out more than 3 million tonnes in a month for the first time, undeterred by aluminium prices at two-year lows.
 
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