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Published on 23/03/2023 11:32:23 AM | Source: Kedia Advisory

Aluminium trading range for the day is 201.1-204 - Kedia Advisory

Posted in Commodities Reports| #Commodity Tips #Kedia Advisory

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Aluminium

Aluminium trading range for the day is 201.1-204

Aluminum gains as fears over a banking turmoil abated

China exported 242,276 tonnes of alumina to Russia in the first two months of 2023

China Jan – Feb aluminium imports rose 11.3% on year

 

Copper

Copper trading range for the day is 755.1-781.7

Copper gains amid tight supply, and hopes of strong demand.

China's unwrought copper imports in the first two months of 2023 fell 9.3% from a year earlier

Meanwhile, investors continued to assess the risks instability in the global financial sector may pose to the real economy.

 

Zinc

Zinc trading range for the day is 251-257

Zinc settled flat as China's zinc treatment charges fall from multi – year high

SHFE inventories of refined zinc surged 582% from December 2022 to 123,894 tonnes by March 10

Global zinc market deficit slides to 18,300 T in January – ILZSG

 

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