EPIC RESEARCH MCX ALUMINIUM UPDATE OF 13 JUNE 2018

Aluminium trading range for the day is 154.7-158.9. Aluminium dropped on profit booking after prices gained amid reports that a Brazilian court denied an appeal of an injunction limiting production at Norsk Hydro’s refinery. China's aluminium output for May declined 3.2% on the year and stood at 3.07 million mt. China's inventory of primary aluminium, including SHFE warrants, shrank 30,000 mt to stand at 1.95 million mt.

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