EPIC RESEARCH MCX ALUMINIUM UPDATE OF 13 OCTOBER 2017

Aluminium trading range for the day is 137.6-139.6. Aluminium prices recovered on bets China’s Communist Party congress next week will result in stronger demand for imports. Aluminum stocks in China’s seven major markets hit a new record high and grew as much as 85,000 tonnes from pre-holiday levels.The IMF underlined a rosier outlook for industrial metals use when it said a broad-based global economic upswing would likely be sustained this year and next.




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