EPIC RESEARCH MCX ALUMINIUM UPDATE OF 17 AUGUST 2018

Aluminium trading range for the day is 140.6-144.4. Aluminium dropped as safe-haven demand rooted in fears over fallout from the Turkish lira’s recent drop boosted the U.S. currency. China July alumina output +8.3 pct y/y at 5.81 mln tonnes - stats bureau. Primary aluminium inventories across major consumption areas in China continued to decrease this week with limited arrivals.

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