Aluminium trading range for the day is 146.2-150.2.
Aluminium dropped on profit booking despite of market talk that Jinjiang and Xinfa have cut their alumina capacity due to tight supplies of bauxite.
China's primary aluminium production fell for a second straight month in September and slid to its lowest level since May.
China's primary aluminium supply is expected to grow at 4.1% in 2019, while consumption is likely to grow at a slower pace of 3%.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
Aluminium dropped on profit booking despite of market talk that Jinjiang and Xinfa have cut their alumina capacity due to tight supplies of bauxite.
China's primary aluminium production fell for a second straight month in September and slid to its lowest level since May.
China's primary aluminium supply is expected to grow at 4.1% in 2019, while consumption is likely to grow at a slower pace of 3%.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
No comments:
Post a Comment