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Thursday, 22 March 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 22 MARCH 2018

Aluminium trading range for the day is 132.9-136.1. Aluminium prices ended with losses tracking weakness in LME prices amid fears of a trade war. Global primary aluminium output excluding China dipped to 2.009 million tonnes in February from a revised 2.221 million tonnes in January. The United Arab Emirates is asking Washington to exempt it from new U.S. tariffs on aluminium and steel and believes it has a strong case.

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