EPIC RESEARCH MCX ALUMINIUM UPDATE OF 09 MARCH 2017

Aluminium trading range for the day is 124-126.4. Aluminium dropped tracking other base metals after solid U.S. jobs data increased the likelihood of an interest rate hike this month. In February, Rusal made an indicative offer of a premium of $125 per tonne to Japanese buyers for April-June primary metal shipments, according to sources. Aluminium stocks at three major Japanese ports fell slightly from the previous month to 273,100 tonnes at the end of January.

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