EPIC RESEARCH MCX ALUMINIUM UPDATE OF 09 FEBRUARY 2017

Posted by aditi on 11:20:00 with No comments
Aluminium trading range for the day is 122.1-124.5. Aluminium gains as support seen as China and its ongoing battle against pollution could lead to production cuts. The aluminum price rally could also potentially be offset by the oversupply situation. China is supposedly closing around a third of aluminum capacity in the provinces of Shandong, Henan, Hebei and Shanxi over the winter months to help reduce emissions.

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