Aluminium trading range for the day is 203.9-209.2 - Kedia Advisory
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Aluminium
Observations
Aluminium trading range for the day is 203.9-209.2
Aluminium gains on low level recovery after prices dropped onstrong dollar.
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 691-712.2
Copper prices gained after China makes huge cash injection
Union at Chile's Centinela copper mine accepts offer to avoid strike
World refined copper market in 2,000 tonne surplus in March–ICSG
Zinc
Observations
Zinc trading range for the day is 201-213
Zinc prices dropped as inventories in LME warehouses jump 40%
Global zinc market surplus rises to 26,700 tonnes in March – ILZSG
China refined zinc imports soared 921% in April
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