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Friday 10 November 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 10 NOVEMBER 2017


Aluminium trading range for the day is 133.8-138.Aluminium dropped amid speculation that China's war on pollution could also hit manufacturers of aluminium products and curb demand. China’s environmental crackdown that will force the shutdown of polluting smelters over the winter will push the global market into a deficit.China’s producer prices were surprisingly strong in October, while consumer inflation picked up pace, suggesting the world’s second-largest economy remains robust.

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