EPIC RESEARCH MCX Aluminium UPDATE OF 28 December 2018

Posted by Commodity Updates by Epic Research on 12:39:00 with No comments

Aluminium trading range for the day is 128.2-134.8.

* Aluminium dropped as pressure seen amid recent declines in alumina prices and a rebound in social stocks.

* China's aluminium production rose by 19.2 percent to 2.82 million tonnes in November from a year earlier, according to data released by the NBS.

* In the first eleven months of the year, China produced 31.45 million tonnes, a rise of 7.5 percent from the same period last year, the data showed.

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