EPIC RESEARCH MCX ALUMINIUM UPDATE OF 01 SEPTEMBER 2017

Aluminium trading range for the day is 132.5-137.7.Aluminium prices gained as support seen as capacity cuts in China have driven aluminium higher. Aluminum ingot stocks in China’s seven major markets have been growing steadily to new highs in nearly a decade. Data showed stocks totaled 1.58 million tonnes on August 31, up almost 250,000 tonnes or 18.4% from the end of July.




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