EPIC RESEARCH MCX ALUMINIUM UPDATE OF 18 July 2018

Aluminium trading range for the day is 136.4-143.8.

* Aluminium prices dropped with LME inventory surging 19,375 mt to 1.18 million mt and slower growth of Chinese economy dampened market sentiment.

* China's inventory of primary aluminium across eight major markets, including SHFE warrants, inched up 17,000 mt over the weekend to stand at 1.82 million mt.

* China's aluminium producers are responding to tighter supply conditions by boosting output, data showed.

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