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Thursday, 18 January 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 18 JANUARY 2018


Aluminium trading range for the day is 138.9-141.3. Aluminium dropped as improving weather conditions smoothed the flow of ingots from China's remote northwestern Xinjiang region. Pressure also seen on prices as deliverable Shanghai Futures Exchange aluminium stocks at a record 773,941 tonnes. Aluminium stocks held at three major Japanese ports rose about 3 percent to 241,900 tonnes by end-December from the previous month.

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