Wednesday, 2 August 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 02 AUGUST 2017

Aluminium trading range for the day is 121.2-123.Aluminium dropped tracking weakness from LME prices which ended down 0.6 percent despite supportive stronger demand from top consumer China China's Xinfa Group has closed 530,500 tonnes of annual illegal aluminium production capacity. China, the world's biggest aluminium producer and consumer, is clamping down on unauthorized manufacturing capacity for the metal.

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