EPIC RESEARCH MCX ALUMINIUM UPDATE OF 24 OCTOBER 2016

Aluminium trading range for the day is 107.2-109.6.
Aluminium trimmed losses as LME prices gained but ended with its biggest weekly drop in at least two months on worries about oversupply.
Daily average primary aluminium output hit a record in September, driven by buoyant output in top producer China.
The latest report by WBMS indicates that global primary aluminum market has recorded a marginal deficit during the initial eight months of the year.
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