EPIC RESEARCH MCX ALUMINIUM UPDATE OF 17 APRIL 2018

Aluminium trading range for the day is 146.9-163.5. Aluminium gained after Rio Tinto said it would declare force majeure on certain customer contracts in light of U.S. sanctions on its partner. Concerns over supply shortages focus not only on aluminium but also on the substance used to make the metal. China, "may be able to step in and supply metal to Rusal customers, possibly even for political reasons", but this would be "only a temporary alleviation on the impact".

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