MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 19-06-2017


MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 19-06-2017

MTECHTIPS Aluminium trading range for the day is 119.5-121.5.Aluminium prices dropped as commissioning of new capacity added to market supply, while consumption is softening. Rusal said that it plans to expand annual aluminum output from 2016s level by 19% to 4.4 million tonnes by 2021, citing growth in global demandChinas primary aluminum production rose on a year-on-year-basis in May, data from the National Bureau of Statistics (NBS) showed.

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