EPIC RESEARCH MCX ALUMINIUM UPDATE OF 27 NOVEMBER 2017

Aluminium trading range for the day is 135.3-137.9. Aluminium settled up as support seen on prices after news that union at Alcoa Canada aluminum smelter backs strike mandate. Global aluminium demand will rise by 5 percent next year and the market "will shift into a deficit for the first time in over a decade." China which is the key player in the aluminium market has been slashing its aluminium capacity to help stabilise the market as well as reduce pollution.

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