EPIC RESEARCH MCX ALUMINIUM UPDATE OF 31 JULY 2017

Posted by aditi on 11:48:00 with No comments
Aluminium trading range for the day is 119.7-123.9. Aluminium dropped as aluminum stocks in China’s five major markets, including SHFE aluminum stocks, continued growing even.Cutbacks by Chinese authorities of illegal capacity at aluminium smelters, which have lifted prices this year, are slowing and may be reversed Around 12 million tons per year of built aluminum smelting capacity in China may be in breach of government rules.



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