Aluminium trading range for the day is 204.9-208 - Kedia Advisory
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Aluminium
*Aluminium trading range for the day is 204.9-208
*Aluminum gains as production not yet resumed in Yunnan
*The aluminium ingot social inventories across China totalled 1.04million mt as of April 6, down 50,000 mt
*China will safeguard the yuan and financial stability
Copper
*Copper trading range for the day is 759.6-778.7
*Copper gains on tightening inventory, improved China demand
*On warrant copper stocks on the exchange fell to the lowestsince 2021.
*Copper inventories in warehouses monitored by the ShanghaiFutures Exchange fell 0.5 % from last Friday.
Zinc
*Zinc trading range for the day is 245-251
*Zinc prices fell amid continuing concerns about global economicgrowth
*Weak U.S. manufacturing activity, which slumped to the lowestlevel in nearly three-years in March, weighed on prices.
*Downward sentiment and continued lack of momentum out ofChina is bringing metals down
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