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Tuesday, 6 March 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 06 MARCH 2018

Aluminium trading range for the day is 138.4-140.8. Aluminium prices dropped as pressure seen as more China’s production is expected to come online. Some Chinese aluminium producers that shut smelters during a winter crackdown on pollution may not reopen this spring once output curbs are lifted.

LME aluminium spreads showed easing in supply tightness mid-year when more China production is expected to come online.

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