EPIC RESEARCH MCX ALUMINIUM UPDATE OF 13 MARCH 2018

Aluminium trading range for the day is 134.2-138. Aluminium dropped as pressure seen on news that winter restrictions on Chinese smelters set to be lifted in three days' time. Aluminium smelters in 28 northern Chinese cities were told to reduce output by at least 30 percent from Nov. 15 to March 15.
Some Japanese aluminium buyers have agreed to pay a premium of $129 per tonne for shipments from global producers in the April to June quarter.

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