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Monday 19 March 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 19 MARCH 2018

Aluminium trading range for the day is 133.6-136. Aluminium gained as support seen as Chinese alumina refineries in Henan province may delay the restart of their plants. Deliverable Shanghai Futures Exchange aluminium inventories rose by 87,303 tonnes to a record 934,216 tonnes. China Jan-Feb alumina output -10.4 pct y/y at 10.25 mln tonnes - stats bureau

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