Aluminium trading range for the day is 140.2-142.
Aluminum dropped on profit booking after prices seen supported as Russia’s Rusal suspended operations at Achinsk alumina refinery.
The Chinese yuan weakened below 7 versus the greenback, an 11-year low, as the US-China trade war intensified.
China’s services sector expanded at the slowest pace in five months in July, showed. Growth in the US services sectors also decelerated in July.
Aluminum dropped on profit booking after prices seen supported as Russia’s Rusal suspended operations at Achinsk alumina refinery.
The Chinese yuan weakened below 7 versus the greenback, an 11-year low, as the US-China trade war intensified.
China’s services sector expanded at the slowest pace in five months in July, showed. Growth in the US services sectors also decelerated in July.
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