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Thursday 29 November 2018

EPIC RESEARCH MCX Aluminium UPDATE OF 29 November 2018

Aluminium trading range for the day is 134.3-137.3.

* Aluminium prices seen supported as greater capacity cuts across aluminium smelters for heating season provided some support.

* A global aluminium producer has offered Japanese buyers a premium of $91 per tonne for primary metal shipments during the January to March quarter.

* For the October-December quarter, Japanese buyers agreed to pay a premium of $103 per tonne, down 22 percent from the prior quarter.

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