Wednesday, 28 August 2019

Aluminium Trading Range For The Day Is 138.7-141.3

Aluminium trading range for the day is 138.7-141.3.

Aluminum prices dropped on worries about damage to industrial activity and demand from the prolonged U.S.-China trade war.

There were smaller arrivals lowered social inventories of primary aluminium by some 20,000 mt over the weekend.

Customs data showed that China imported 143,000 mt of aluminium scrap in July, down 21.5% from June but up 17.9% from July 2018.

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