EPIC RESEARCH MCX ALUMINIUM UPDATE OF 24 OCTOBER 2017

Aluminium trading range for the day is 137.2-139.6. Aluminium prices gains as support seen after data showed global aluminium output, dropping both on yearly and monthly basis. The total output of global aluminium reaches 4.695 million tonnes, dropping 109,000 tonnes compared with August.U.C. Rusal said that aluminium production rose 1.1 percent on the quarter to 931,000 tonnes in the third quarter.




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