EPIC RESEARCH MCX ALUMINIUM UPDATE OF 19 Oct 2016

Aluminium trading range for the day is 107-112.8.
Aluminium dropped as pressure seen on news that Indonesian bauxite producers are pressuring the government to lift the export ban.
However downside seen limited amid a surge in new credit in China pointed to a stabilizing economy.
Funds net long aluminium holdings up 40 pct since mid-Sept –LME

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