EPIC RESEARCH MCX ALUMINIUM UPDATE OF 26 AUGUST 2016

Aluminium trading range for the day is 108.1-110.9.Aluminium dropped tracking weakness from LME Aluminium which dipped 0.1 percent to finish at $1,644.50 after touching $1,632, the weakest since Aug. 5. Global aluminium production fell by 1.2% to 33.12mts in the first seven months of this year, according to the International Aluminium Institute Aluminum daily stocks at Shanghai exchange came down by 851 tonnes.     
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