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Thursday 27 September 2018

EPIC RESEARCH MCX Aluminium UPDATE OF 27 September 2018



Aluminium trading range for the day is 146.2-151.4.

* Aluminium dropped as investors have focused their attention back to the fundamentals front after the US and China announced their latest round of tariffs.

* Spot aluminium trades improved from the previous day, but supply still exceeded demand across the market.

* Purchasing enthusiasm among downstream consumers grew as some stockpiled for the National Day holiday, supplies across the market remained sufficient.

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