EPIC RESEARCH MCX ALUMINIUM UPDATE OF 21 DECEMBER 2016

Posted by aditi on 10:29:00 with No comments
Aluminium trading range for the day is 115.3-118.9. Aluminium prices recovered to end with gains as investors bought on dips, aided by prospects of a tighter market and rising inflation next year. China's economic growth is expected to cool in 2017 as its top leaders flag tighter monetary policy and further curbs to clamp down on asset price bubbles. Daily average primary aluminium output excluding China rose to 70,400 tonnes in November, from 70,000 tonnes in October.




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