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Tuesday 26 June 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 26 JUNE 2018

Aluminium trading range for the day is 146.1-149.5. Aluminium dropped tracking LME prices dropped 0.9 percent at $2,155 the weakest since April 10 despite domestic inventory is expected to decline less. China's inventory of primary aluminium, including SHFE warrants, declined slower over the weekend as environmental probe deterred downstream consumption. Buyers in the spot aluminium markets in east and south China held back from purchasing.

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