EPIC RESEARCH MCX Aluminium UPDATE OF 17 September 2018
Posted by Commodity Updates by Epic Research on 12:46:00 with No comments
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj9IACAG1F9UYJXl1UJTQwoL1gb6HzCCf2yLXv5oV1hL-7o6uHuVSr2swxiQhzMLh8vCVNpwZOuCZb9C2pJv9ZHaFdB4BfV1u_X2qVq0OxS5WATHtmVD0zWigGqh_FnJkddttWcW1tmKMo/s320/538957_aluminummanufacturerchennai_fusionplus1511505271.jpeg)
Aluminium trading range for the day is 143.4-147.8.
* Aluminium dropped as the market continues to expect U.S. sanctions on Russia's Rusal to be delayed.
* China's aluminium producers cut output by 3 percent in August from the month before, data showed, as high raw material costs squeeze their profit margins.
* China, churned out 2.84 million tonnes of the metal last month, according to the National Bureau of Statistics (NBS).
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