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Monday, 9 April 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 9 APRIL 2018

Aluminium trading range for the day is 127-136.4. Aluminium prices rebounded after the United States imposed sanctions on allies of President Vladimir Putin and their companies. Russia's government will discuss measures to protect Russian companies from U.S. trade tariffs on steel and aluminium in the coming days. The supply continued to flood in even during China's winter heating season, when aluminium output in 28 northern Chinese cities was supposed to be cut by 30 percent.

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