Friday, 31 May 2019

Aluminium Trading Range For The Day Is 143.6-146.6

Aluminium trading range for the day is 143.6-146.6.

Aluminum prices ended with losses as the market remained focused on greater alumina supplies.

However, continued weekly decline by some 70,000 mt in social inventories of primary aluminium indicated firm downstream demand.

Chinese newspapers warned that Beijing was ready to use rare earth metals to strike back at the US in their prolonged dispute.

Warehouse stock for Aluminium at LME was at 1164975mt that is down by -12275mt.

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