EPIC RESEARCH MCX ALUMINIUM UPDATE OF 16 MARCH 2018

Aluminium trading range for the day is 133.2-136.6. Aluminium prices remained under pressure on expectations of rising supply as China's winter pollution controls expire. Aluminium smelters in 28 northern Chinese cities had been told to reduce output by at least 30 percent, although actual volume cut was below expectations. China's aluminium production fell 1.8 percent in January-February from a year earlier, as the country's pollution crackdown and supply-side reform kicked in.

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