Aluminium trading range for the day is 208.2-214.8 - Kedia Advisory
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Aluminium
Observations
Aluminium trading range for the day is 208.2-214.8
Aluminum gains supported by prospects of more robust demandand historically low global inventories
.China manufacturing PMI rises to near 11-year peak
China services growth at near 2-year high
Copper
Observations
Copper trading range for the day is 765.8-781.9
Copper jumped as strong economic data for China pointed to asharp recovery in the country’s industrial sector
.China’s manufacturing expanded at its fastest pace in multipleyears in February
Persistently tight supply also supported copper prices, asproduction halts in major South and Central American regionscompounded concerns about low inventories
Zinc
Observations
Zinc trading range for the day is 267-280
Zinc rose after data from China, showed manufacturing activityrose in February at the fastest pace in more than a decade.
Global zinc market deficit climbs to 100,500 T in December –ILZSG
China manufacturing growth at 8-month high
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