Posted by aditi on 12:42:00 with No comments
Aluminium trading range for the day is 123.1-127.3. Aluminium settled flat recovering from losses seen earlier due to geopolitical developments with the USA attacking a Syrian air base. The deficit in the global aluminium market to widen further in CY2017 as a result of up to almost 3 MMT of production cutbacks in China. China has tightened rules on moving capital outside the country in recent months and stem a slide in its foreign exchange reserves.
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