Wednesday, 11 January 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 11 JANUARY 2017

Aluminium trading range for the day is 116.4-120.8. Aluminium prices ended with gains underpinned by a weaker dollar. The price has been aided by the recent rally in oil prices, as energy accounts for about 40 percent of the total cost of producing aluminium. China's planning commission said economic growth in 2016 was expected to be around 6.7 percent, within a target of 6.5-7 percent.

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