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Wednesday, 11 May 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 11 MAY 2016

Aluminium trading range for the day is 102.7-104.9.      
Aluminium prices dropped pressured by worries over renewed weakness in China's economy
China is considering setting up a fund to cope with the closure of aluminium producers and combat volatility in the futures market.              
China's aluminium producers have previously pledged to cut production amid plunging prices for the metal.

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