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Monday, 5 March 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 05 MARCH 2018

Aluminium trading range for the day is 139.3-141.5. Aluminium edged down after earlier hitting over two-week highs following U.S. President Trump's pledge to impose a 10% tariff on imports. Premiums for aluminium in the US spiked to the highest in almost three years as buyers sought to secure metal before higher costs come into force.

Lower Chinese exports to the United States could leave China's domestic market in greater surplus.

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