EPIC RESEARCH MCX ALUMINIUM UPDATE OF 1 AUGUST 2018

Aluminium trading range for the day is 141.1-143.9. Aluminium dropped weighed down by a stronger dollar and after growth in China's manufacturing sector cooled for a second month. China’s primary aluminium inventory continued to shrink as consumption was bolstered by exports despite a low season in the domestic market. Aluminium spot discounts in east China narrowed on July 31 as local traders were keen to purchase.

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