EPIC RESEARCH MCX ALUMINIUM UPDATE OF 23 MAY 2018

Aluminium trading range for the day is 152.3-157.1. Aluminium slid as the market continued in correction mode after rallying last month on support from U.S. sanctions against Rusal. Global primary aluminium output fell to 5.256 million tonnes in April from a revised 5.372 million tonnes in March, data showed. China’s economy will likely expand by around 6.7 percent in the second quarter this year, the State Information Center said.

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