EPIC RESEARCH MCX ALUMINIUM UPDATE OF 16 FEBRUARY 2018

Aluminium trading range for the day is 134.2-142.6. Aluminium dropped as pressure after stocks rose by 31,275 tonnes, adding to Tuesday’s 158,925-tonne increase. Stocks have climbed 187,250 tonnes so far this week, on track for their biggest weekly gain since May 2009. The Shanghai Futures Exchange is closed until Feb. 22, reducing trading activity and increasing price volatility.



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