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Wednesday 24 October 2018

EPIC RESEARCH MCX Aluminium UPDATE OF 24 October 2018

Aluminium trading range for the day is 145-149.2.

Aluminium dropped on profit booking after prices seen supported by maintenance at some large primary aluminium producers and the looming winter production curbs.

Global primary aluminium output fell to 5.301 million tonnes in September from revised 5.485 million tonnes in August, data from the IAI showed.

China's exports of alumina surged more than fivefold from August to 165,830 tonnes, according to customs data released, the highest monthly volume so far in a year

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