EPIC RESEARCH MCX ALUMINIUM UPDATE OF 13 DECEMBER 2017

Aluminium trading range for the day is 128.5-130.7.Aluminium dropped as rise in LME stocks weighed after prices seen supported amid a stronger enforcement of the aluminium capacity cuts in China.China issued an "action plan" in 2013 to reduce pollution which forces aluminium across 28 cities to curtail production during the winter heating season from mid-November to March. China’s imported unwrought aluminium reaches 380,000 tons in November, up 30,000 tons on monthly basis, remaining same level as last year.

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