EPIC RESEARCH MCX ALUMINIUM UPDATE OF 20 DECEMBER 2016

Posted by aditi on 13:17:00 with No comments
Aluminium trading range for the day is 115.5-117.5. Aluminium dropped as base metals prices declined across the board extending the trend that emerged last week, ahead of the year-end holidays. As aluminium stockpiles continue to dwindle, demand from other quarters promises to increase the metal’s scarcity. China’s aluminum output in November hit the highest in at least three years, National Bureau of Statistics (NBS) data show.

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