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Monday, 6 March 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 06 MARCH 2017


Aluminium trading range for the day is 123.9-129.3. Aluminium dropped as LME prices dropped by a percent after rise in LME Stocks for fourth consecutive day. Tinto and its partners are cutting output and jobs at the Boyne aluminium smelter in Australia, adding to cuts announced in January, it said. China has ordered curbs on steel and aluminum output in as many as 28 northern cities during the winter heating season as it steps up its fight against pollution.

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