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Friday, 17 March 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 17 MARCH 2017


Aluminium trading range for the day is 122.4-125.6.Aluminium gained tracking in LME prices settled up by 0.7% at $1,900 supported by weakness in dollar.U.S. homebuilding jumped in February as unseasonably warm weather boosted the construction of single-family houses to near a 9-1/2-year high.China’s Aluminium output posted a significant year-on-year growth of 15.6 percent to 5.49 million tonnes for January-February, data from the NBS showed.

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