EPIC RESEARCH MCX ALUMINIUM UPDATE OF 17 JULY 2017

Aluminium trading range for the day is 122.3-124.3. Aluminium prices dropped on profit booking after prices rallied amid concerns over potential supply curbs by top producer China.Aluminium stocks at three major Japanese ports stood at 260,200 tonnes at the end of June, down 2.1 percent compared with the previous month.Alcoa has announced plans to partially restart operations at Warrick Operations aluminum smelter in Evansville, Indiana, after almost a year of closure.




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