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MCX Aluminium - Price action shoots up because of geopolitics

Aluminium – Geopolitics driving the Price action and Market behaviour

By Trading Predator April 18th, 2018 No Comments

Aluminium prices surge to highest level since 2011 because of US Sanctions. The restriction has impacted the world’s second largest aluminium producer from Russia. United company Rusal also known as Rusal produces high quantity of aluminium year or year basis, the sanctions on Rusal has potential to affect large chunk of aluminium supply. This event