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Friday, 29 June 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 29 JUNE 2018

Aluminium trading range for the day is 147.5-151.9. Aluminium dropped as pressure continues as China’s manufacturing sector showed slower growth in the second quarter. China's aluminium scrap imports registered 110,000 mt in May, down 40.5% from last year. China's social inventory of primary aluminium extended its decline as downstream consumers became more willing to make purchases.

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