EPIC RESEARCH MCX ALUMINIUM UPDATE OF 27 DECEMBER 2017

Aluminium trading range for the day is 137.9-139.9.Aluminium dropped on profit booking after seen supported with potentially going to see supply shortages because of the environmental crackdown in China. IAI shows Chinese aluminium production in November falling to 2.35 million tonnes from 2.546 million tonnes in Oct. Japanese aluminium buyers have agreed to pay producers a premium of $103 per tonne for metal shipped in the January-March quarter, reflecting higher spot premiums.






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