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Thursday 3 May 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 3 MAY 2018

Aluminium trading range for the day is 148-160.8. Aluminium gained on fresh buying after survey showed growth in China’s manufacturing sector unexpectedly picked up in April. US President Donald Trump recently signed proclamations granting a select number of countries import duties exemptions, following months of negotiations. Aluminium stocks available have fallen to 880,350 tonnes, close to the their lowest number since 2007.

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