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Monday 10 September 2018

EPIC RESEARCH MCX Aluminium UPDATE OF 10 September 2018

Aluminium trading range for the day is 145-149.2.

* Aluminium gained following news that workers would extend their strike at Alcoa’s alumina operations in Western Australia.

* Prices also remained supported European consumers would avoid signing supply agreements in Berlin with Rusal for 2019.

* The discount of cash aluminium over the three-month contract rose to the highest since October 2015 at $37.50.

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