Tuesday, 23 May 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 23 MAY 2017

Aluminium trading range for the day is 124.5-125.9. Aluminium settled flat as prices remained under pressure amid lack of stimulus from new capacity cut program.Global Aluminium production climbed during January to March this year by 7.2 per cent compared with the first three months of 2016. Chinese output was estimated at 8201 kilo ton and this currently accounts for just under 56 per cent of the world production total.

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