EPIC RESEARCH MCX ALUMINIUM UPDATE OF 14 DECEMBER 2017

Aluminium trading range for the day is 127.7-130.5. Aluminium dropped as rise in LME stocks for the third consecutive day continued to weighed on prices. Aluminium stocks held at three major Japanese ports fell 2 percent to 234,900 tonnes by end-November from the previous month. Japanese machinery orders rose more than expected in October, after a big fall in the prior month in a sign capital spending will remain resilient.



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