EPIC RESEARCH MCX ALUMINIUM UPDATE OF 24 NOVEMBER 2017

Posted by aditi on 12:26:00 with No comments
Aluminium trading range for the day is 134.6-136.6.Aluminium prices gained on expectations that mills will restock following the country's forced production cuts over winter. Global aluminium demand will rise by 5 percent next year and the market "will shift into a deficit for the first time in over a decade". The calculated market balance for primary aluminium for January to September 2017 was a deficit of 1463 kt.

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