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Wednesday, 19 September 2018

EPIC RESEARCH MCX Aluminium UPDATE OF 19 September 2018

Aluminium trading range for the day is 143.8-149.

* Aluminium remained under pressure on reports that U.S. tariffs on $200 billion of Chinese goods could be imposed immediately.

* Primary aluminium inventories across eight consumption areas, including SHFE warrants, decreased by some 31,000 mt to stand at 1.645 million mt, data showed.

* Shrinking supplies and improved consumption accounted for the decline in aluminium stocks over the weekend.

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