EPIC RESEARCH MCX ALUMINIUM UPDATE OF 19 SEPTEMBER 2017

Aluminium trading range for the day is 131.6-134. Aluminium prices remained supported on signs that a cooling property market in top consumer China was not derailing economic growth. China’s new home prices rose in August at the slowest pace in seven months and fell or levelled off in more cities as government cooling measures dampened speculation.Output will also be constrained over China’s winter after Beijing mandated a slew of curbs to industry as it looks to clear smoggy skies.




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