EPIC RESEARCH MCX ALUMINIUM UPDATE OF 14 MARCH 2018

 Aluminium trading range for the day is 134-137. Aluminium prices ended with gains on speculation China may sustain supply cuts after winter production curbs expire in two days. Inventories in Shanghai reached a fresh record high of 846,913 tonnes, putting pressure on prices. Expectations of growing surpluses of aluminium has reinforced the trend of falling discounts for the cash contract over the three-month forward, at around two-month lows of $18.

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