Wednesday, 7 February 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 07 FEBRUARY 2018

Aluminium trading range for the day is 138-141.8. Aluminium dropped as pressure continues as High stocks remain the major concern to market participants in the light metal market. China’s social inventory of refined aluminium including SHFE warrants stood at 1.76 million mt down a slight 2,000 mt from a week ago, data showed. China's primary aluminium production rebounded in December after five months of decline despite winter output restrictions imposed on smelters.

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