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Friday, 31 March 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 31 MARCH 2017


Aluminium trading range for the day is 125.2-128.6. Aluminium rallied tracking LME Aluminium which hit its highest level in nearly two years as support seen after China's supply cut. China said it would require aluminium smelters to cut capacity by 30 per cent over the winter heating months as part of its anti-pollution measures. Aluminium on the LME climbed 0.8 per cent to close at $US1,960 a tonne, its strongest since May 2015.



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