Thursday, 1 February 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 01 FEBRUARY 2018

Aluminium trading range for the day is 139.6-142.4. Aluminium prices gained as output was impacted by China’s winter pollution crackdown. Norwegian aluminium maker Norsk Hydro plans to transfer energy-saving technology from a pilot project to primary smelters in the next five to six years, boosting output. China’s official manufacturing PMI for January stood at 51.3 points, marking the 18th consecutive month it has been above the 50-point level.

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