EPIC RESEARCH MCX Aluminium UPDATE OF 7 January 2019

Posted by Commodity Updates by Epic Research on 13:18:00 with No comments

Aluminium trading range for the day is 126.9-132.5.

* Aluminium gained after China’s premier Li Keqiang's pledge about economic stimulus and recent losses in the US dollar index grew confidence.

* China will restrict imports of aluminium from July 1, the environment ministry said.

* China's service sector growth hit a six-month high in December amid greater demand from abroad, leading to faster private sector expansion

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