Aluminium On MCX Settled Down -1.81% At 127.50 Tracking Weakness - Dollar Advisory | Best Commodity Tips Provider

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Friday 3 March 2017

Aluminium On MCX Settled Down -1.81% At 127.50 Tracking Weakness

Aluminium trading range for the day is 125.7-130.5. Aluminium on MCX settled down -1.81% at 127.50 tracking weakness from LME aluminium which closed down 1.9 percent at $1,912. 

China has ordered steel and aluminium producers in 28 cities to slash output during winter as Beijing intensifies its war on smog, a policy document shows. 

The market's attention will now shift to the outcome of a China leadership meeting at the weekend at which further policies to curb air pollution.

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