EPIC RESEARCH MCX ALUMINIUM UPDATE OF 21 SEPTEMBER 2017

Aluminium trading range for the day is 133.9-142.1.Aluminum prices soared in yesterday session to its highest in five years on reports China’s producer Chinalco was cutting output.Chinalco started reducing output in Henan province almost two months before official winter restrictions kicked in.Aluminum inventories in LME-approved warehouses fell to levels last seen in 2008 at 1.3 million, down 2,725 tonnes from Tuesday.

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