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Thursday 19 January 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 19 JANUARY 2017

Aluminium trading range for the day is 120.7-126.5. Aluminium prices gained as expectations of steady growth in China supported prices. China's economy likely grew by a steady 6.7 percent in the fourth quarter, the same pace as in the previous three quarters After reporting a drop in U.S. industrial production in the previous month, the report showed that production rebounded strongly in the month of December.

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