Friday 22 September 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 22 SEPTEMBER 2017

Aluminium trading range for the day is 135.1-143.1. Aluminium eased from highs on profit booking after prices gained on expectations of tighter supply into early next year underpinned prices. China’s aluminium makers begin to ramp down production ahead of mandated capacity closures during the winter heating season. China’s Henan province has announced that aluminium capacity from three smelters that have shut down would be available for transfer to other regions in the country.



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