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Monday 5 February 2018

` EPIC RESEARCH MCX ALUMINIUM UPDATE OF 05 FEBRUARY 2018


Aluminium trading range for the day is 140.4-143.8.Aluminium prices dropped pressured by expectations that demand could tail off ahead of the Lunar New Year in mid-February.Pressure also seen on prices as rising stockpiles in top producer China reinforce worries that the Chinese market remains in surplus.South Korea is seeking to buy 2,000 tonnes of aluminium for arrival in April and May via separate tenders, state-run Procurement Service said.




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