EPIC RESEARCH MCX ALUMINIUM UPDATE OF 15 JANUARY 2018

Aluminium trading range for the day is 137.6-143.2. Aluminium prices gained as support seen after Aluminum producer Alcoa Corp locked out union workers at its smelter in Quebec as an old contract expired. China’s exports of unwrought aluminium and aluminium products rose for a second straight month in December, by 15.8 percent from November to 440,000 tonnes. Exports are now back to July levels after plummeting for four straight months before November’s rebound.

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