Friday, 8 December 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 08 DECEMBER 2017

Aluminium trading range for the day is 127.9-131.3. Aluminium dropped continuing its weak trend after China's winter output cuts were set to be less severe than initially feared.Shanghai stocks topped 700,000 tonnes this month, the highest in the nearly two-decade history of the contract and 28 percent above the 2013 cycle peak. Secondary aluminium consumption to rise in China.



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