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Monday, 19 December 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 19 DECEMBER 2016


Aluminium trading range for the day is 115.5-119.5. Aluminium prices dropped tracking LME aluminium closed down at $1,717 a tonne amid signs of softer demand from China. New residential construction in the U.S. saw a steep drop in the month of November, according to a report. Japanese stocks have been steadily decreasing since reaching a record high of 502,200 tonnes in May 2015.




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