Friday 26 May 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 26 MAY 2017

Aluminium trading range for the day is 125.2-127.Aluminium prices gains as support seen on plans by Chinese authorities to clampdown on polluting industries.China produces more than half of the world's aluminium, estimated at around 60 million tonnes this year.Global demand for aluminium continued to grow in the first quarter of 2017, led by the transportation sector, while supply is expected to tighten in the second half.



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