EPIC RESEARCH MCX ALUMINIUM UPDATE OF 11 JUNE 2018

Aluminium trading range for the day is 153.8-159.4. Aluminium gained as support seen due weakness in Rupee after prices dropped as investors cut their longs on uncertainty over China’s regulation on power plants. China's aluminium output for May declined 3.2% on the year and stood at 3.07 million mt. Output in the first five months of this year dropped 2.7% on the year and came in at 14.79 million mt.

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