EPIC RESEARCH MCX ALUMINIUM UPDATE OF 11 JULY 2018

Aluminium trading range for the day is 141-147.4. Aluminium dropped as pressure seen after rise in LME stocks despite amid expectations for a decline in output. Chinese alumina producer Luoyang Heungkong Wanji Aluminium Co Ltd said it has cut output of alumina by 680,000 tonnes on an annual basis. United Company Rusal, in May increased aluminium exports to 197,000 tonnes, up almost threefold from April.

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