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Thursday 16 August 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 16 AUGUST 2018

Aluminium trading range for the day is 141.6-146.8. Aluminium remained under pressure as a currency crisis engulfing Turkey rippled across markets and prompted investors to dump riskier assets. China's primary aluminium production climbed 12 percent in July from the same month a year earlier, equalling its monthly record. The world's biggest aluminium producer churned out 2.93 million tonnes of the metal last month, according to National Bureau of Statistics data released.

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