Wednesday 1 February 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 1 FEBRUARY 2017


Aluminium trading range for the day is 121.4-123.8. Aluminium gained as support seen from weak dollar and on talk of potential capacity cuts in China. Activity in China's manufacturing sector expanded slightly more than expected in January, but at roughly the same pace as in December. Investors are waiting to see what, if anything, the government announces after the Lunar New Year break.

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