EPIC RESEARCH MCX ALUMINIUM UPDATE OF 27 JANUARY 2017

Aluminium trading range for the day is 122.1-129.1. Aluminium dropped on profit booking amid rise in LME stocks after prices gained recently boosted by talk of output cuts in top producer China. China's aluminium production capacity is estimated at around 40 million tonnes. As wintertime pollution surged in Beijing, news reports began circulating that winter production restrictions could spread from steel industries into aluminum.

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