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01-01-1970 12:00 AM | Source: Kedia Advisory
Aluminium trading range for the day is 201.7-205.8 - Kedia Advisory
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Aluminium

Aluminium trading range for the day is 201.7-205.8

Aluminum dropped as China's aluminium production rose 7.5% to 6.74 million tonnes

China's industrial production advanced 2.4% yoy in January-February 2023 combined

China's retail trade expanded 3.5% from the prior year in January-February 2023 combined

 

 

Copper

Copper trading range for the day is 742.5-758.3

Copper fell as fears of banking instability dented expectations of higher demand Industrial production in

China missed projections for the first two months of the year, undermining the impact of the reopening on economic activity.

Inventories at the Shanghai Futures Exchange dropped for the second week to their lowest since January

 

 

Zinc

Zinc trading range for the day is 251-258 Zinc fell as active production among

zinc smelters puts pressure on supply

China's refined zinc output stood at 501,400 mt in February, down 9,800 mt or 1.91% MoM and up 43,000 mt or 9.39% YoY

Enterprises in north China have resumed normal production with the end of environmental protection-induced production restrictions.

 

 

 

 

 

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