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    Commodities Corner: Aluminium prices surge

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    Commodities Corner: Aluminium prices surge

    With the US dollar holding around those three months highs, there has been pressure on commodities but the individual commodity fundamentals seems to be playing up.
    Aluminium after three days of decline has started to move up again.
    There are concerns from alumina output from Brazil as well and with the alumina prices trading at $800 per tonne, there is margin getting narrowed as well.
    Strength also continues in terms of the steel prices where we are looking at inventories declined by 21 percent in this month itself.
    Crude oil prices have also seen the strength come back.
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