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Thursday, 13 December 2018

EPIC RESEARCH MCX Aluminium UPDATE OF 13 December 2018

Aluminium trading range for the day is 137.2-140.4.

* Aluminium prices dropped as reports about new capacity starts at domestic smelters weighed.

* Poor supply and demand in the aluminium market in China is likely to continue in December.

* Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, decreased by 2.67% to stand at 1.386 million mt.

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