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Thursday, 28 December 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 28 DECEMBER 2017

Aluminium trading range for the day is 136.7-147.5. Aluminium rose by news that China’s government has criticised officials in the industrialised province of Shandong for deceiving authorities to evade capacity cuts. Local officials in China’s northern Shandong province have used fake data to help aluminium and steel producers avoid mandatory production curbs.Data from the International Aluminium Institute showed daily average aluminium output in China fell to 78,300 tonnes in November against 82,100 tonnes in October.








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