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Wednesday 21 November 2018

EPIC RESEARCH MCX Aluminium UPDATE OF 21 November 2018

Aluminium trading range for the day is 136.8-140.

* Aluminium prices gained as support seen after China’s Primary aluminium capacity cuts to exceed 2 million mt in 2018

* However, persisting worries about the China-US trade conflict are expected to kept investors cautious.

* Federal Reserve caution on the global outlook and weak data at home, pointing to slower rate hikes. -

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