Aluminium trading range for the day is 203.9-208.4 - Kedia Advisory
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Aluminium
Observations
Aluminium trading range for the day is 203.9-208.4
Aluminium dropped amid growing concerns over theperformance of major economies
LME aluminium stocks climb by over 20,000 T in South Korea
Global aluminium output up 0.3% y/y to 5.6 mln T in April – IAI
Copper
Observations
Copper trading range for the day is 688.8-716.8
Copper losses due to supply outpacing demand and a gloomydemand outlook.
Demand for the metal has been affected by the lacklustereconomic recovery, particularly in China.
World refined copper market in 2,000 tonne surplus in March–ICSG
Zinc
Observations
Zinc trading range for the day is 206-218
Zinc dropped on signs of subdued Chinese demand
China refined zinc imports soared 921% in April
Chinese zinc smelters are running at almost 100% operation rate
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