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Tuesday 26 February 2019

EPIC RESEARCH MCX Aluminium UPDATE OF 26 February 2019

Aluminium trading range for the day is 131.9-136.1.

* Aluminium dropped on profit booking after prices seen supported by weakness in the dollar and US-China trade optimism.

* Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.72 million mt

* US wholesale inventories increased by the most in more than five years in December as sales fell for a third straight month.

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