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Tuesday, 31 January 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 31 JANUARY 2017

Aluminium trading range for the day is 120.6-125. Aluminium dropped on profit booking as China's week-long Lunar New Year holiday drained the markets of liquidity and direction. For aluminium supply risks have moved back into focus, he added, although a lot of good news is already priced in. Traders reported subdued activity because of some nervousness before the Federal Reserve's two-day meeting on monetary policy starting on Tuesday.




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