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Tuesday, 17 July 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 17 JULY 2018

Aluminium trading range for the day is 137.6-143.8. Aluminium gained amid market expectation of the US lifting its sanctions against Russia given improved relations between the two countries. China's aluminium producers are responding to tighter supply conditions by boosting output, data showed. China's June output rose by 0.8 percent to 2.83 million tonnes, which on daily basis was the highest since June 2017.

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