Aluminium
Rusal Sanctions Lifted, But U.S. Aluminum Users Still Face Import Levy
Gold Silver Reports (GSR) – Rusal Sanctions Lifted, But U.S. Aluminum Users Still Face Import Levy — The U.S. Treasury on Sunday lifted sanctions on the core empire of Russian tycoon Oleg Deripaska, including aluminum giant Rusal and its parent En+, despite a Democrat-led push to maintain them.
MCX Zinc Price Trading Zone Between ₹ 170— ₹ 178 levels – Neal Bhai Reports
Gold Silver Reports (GSR) – Last night the US dollar index gained 0.48% to close at 94.96 on Federal Reserve Board chairman Jerome Powell’s remarks that back more rate increases as the economy is growing “considerably stronger”. Robust data from the US industrial production and home builder confidence also provided support.
Free MCX Aluminium Tips : Above ₹ 146, Buy 100-200-500 Lots and So Jaao – MCX King Neal Bhai
Free MCX Aluminium Tips : Above ₹ 146, Buy 100-200-500 Lots and So Jaao – MCX King Neal Bhai
“No Magic, No Miracle, Just Power of Level”
Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
Mobile No. 9582247600 & 9899900589
Multi Commodity Exchange (MCX) INDIA
Multi Commodity Exchange of India Ltd (MCX) (BSE: 534091) is an independent commodity exchange based in India. It was established in 2003 and is based in Mumbai. It is India’s largest commodity derivatives exchange where the clearance and settlements of the exchange happens and the turnover of the exchange for quarter ended December 2017 was 12.82 trillion rupees. MCX offers options trading in gold and futures trading in non-ferrous metals, bullion, energy, and a number of agricultural commodities (mentha oil, cardamom, crude palm oil, cotton and others).
MCX Sees Record Turnover, Volumes in Gold Options
Gold Silver Reports (GSR) – MCX Sees Record Turnover, Volumes in Gold Options — Multi Commodity Exchange of India Ltd (MCX) witnessed a record turnover and volume of Rs 2,021 crore and 6443 kilograms (kg) respectively on Tuesday in gold options contract, according to a release issued by the exchange.
Zinc Prices Lead on the Downside, Pressured by Large LME Deliveries
Gold Silver Reports (GSR) – Zinc Prices Lead on the Downside, Pressured by Large LME Deliveries – A 30,075-tonne delivery of zinc into LME-approved warehouses in Antwerp yesterday rattled price sentiment for the metal. The LME’s three-month zinc price closed down by 2.5% or $77 per tonne at $3,135 per tonne on Wednesday, with this weakness filtering through to prices on the SHFE.
Braking News; Base Metals Drift Lower on LME; Novelis No Longer Purchasing Aluminium from Rusal; China to ban Category 7 Copper Scrap Imports by Year End
The latest Base Metals news and price moves to start the Asian day on Friday April 20.
Base metal prices on the London Metal Exchange were lower at the close of trading on Thursday April-19-2018 despite aluminium volumes reaching a recordHigh of 41,000 lots. Read more in our live futures report.
Metal Stocks Gain After Aluminium, Copper Prices Rise On LME
Gold Silver Reports (GSR) – Metal Stocks Gain After Aluminium, Copper Prices Rise On LME – Shares of metal producers were trading higher led after copper and aluminium prices rose in international markets. Aluminium prices settled 5.49 percent higher on the London Metal Exchange. While, copper rose 2.1 percent in trade yesterday.