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Monday, 26 December 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 26 DECEMBER 2016


Aluminium trading range for the day is 117-118.2. Aluminium dropped amid worries about an oversupplied market and funds cutting bets on higher prices over coming days. The premiums that Japanese buyers pay for aluminium are projected to stay between $80 and $140 a tonne next year. South Korea bought a total of 2,000 tonnes of aluminium for February arrival via tenders.

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