EPIC RESEARCH MCX ALUMINIUM UPDATE OF 31 OCTOBER 2017

Aluminium trading range for the day is 137.4-141. Aluminium dropped tracking weakness in LME prices slipping further from last week’s 5-1/2 year high of $2,215. China said it was "strongly dissatisfied" with the U.S. decision to impose anti-dumping duties ranging from 97 percent to 162 percent on Chinese aluminium foil. Aluminium maker Norsk Hydro may restart a mothballed Norwegian production line as global metals markets tighten following a Chinese clampdown on pollution.



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