Aluminium trading range for the day is 200.7-205 - Kedia Advisory
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Aluminium
Aluminium trading range for the day is 200.7-205
Aluminum dropped as Global output rises 2.7% y/y to 5.27 mln T in February
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 751.3-772
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 251-259
Zinc dropped 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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