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Tuesday 22 May 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 22 MAY 2018

Aluminium trading range for the day is 153.2-158. Aluminium gains as fears over a U.S.-China trade war eased, countering the impact of a rising dollar. China's inventory of primary aluminium, including SHFE warrants, shrank to 2.12 million mt due to stable downstream consumption, according to data. Japan's exports accelerated in April, suggesting healthy overseas demand could help the economy recover.

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