EPIC RESEARCH MCX Aluminium UPDATE OF 9 November 2018

Aluminium trading range for the day is 142.1-147.1.

Aluminium gained as prices get some support from the news that Brazil court upheld partial shutdown at Hydro Alunorte alumina refinery.

China's aluminium smelters are under pressure from current low prices, with the situation exacerbated by high costs for key raw material alumina.

China's exports of alumina surged more than fivefold from August to 165,830 tonnes, according to customs data released.


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