Thursday, 2 January 2020

Aluminium Trading Range For The Day Is 136.7-137.9

Aluminium trading range for the day is 136.7-137.9.

Aluminium dropped after data showed that social inventories of primary aluminium ingots in China increased 2,000 mt over the weekend.

Norsk Hydro said it had resumed bauxite production in Brazil and was ramping up alumina output, while tin hit a more than two-week low.

Premiums for aluminium shipments to Japan for the first quarter of 2020 were set at $83 per tonne, down 14% from the previous quarter.

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