Wednesday 25 January 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 25 JANUARY 2017


Aluminium trading range for the day is 123.8-130. Aluminium prices continued its firm trend after reports of potential capacity cuts in China. China is drawing up plans that would halt about 3.3 million tonnes of operational aluminium capacity during the winter. China's top environment watchdog delivered verbal warnings last month to Chalco, for failing to deal with pollution appropriately.



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