EPIC RESEARCH MCX ALUMINIUM UPDATE OF 05 July 2018

Aluminium trading range for the day is 142.4-146.8.

Aluminium gains on short covering after prices dropped due to the sluggish demand in China amid low season.

A total of 1.29 million mt of new aluminium capacity was commissioned in the first six months of this year, while a total of 2.36 million mt in next six months.

China's social inventory of primary aluminium declined slower as downstream buyers' procurement enthusiasm cooled.

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