EPIC RESEARCH MCX ALUMINIUM UPDATE OF 18 Oct 2016

Aluminium trading range for the day is 109-112.4.Aluminium dropped due to worries about Chinese producers ramping up output.China accounts for more than half of global aluminium production estimated this year at around 58 million tonnes. Assumptions that supply from China would ease had been reinforced by falling stocks of aluminium in warehouses monitored by the ShFE.



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