Aluminium trading range for the day is 123.8-126.8. Aluminium gained as support came after aluminium producer Alcoa Corp raised its forecast for aluminium demand growth in 2017 to 4.5-5 percent Aluminum output in China will grow 10.3% in 2017 compared with 2016, the China Non-Ferrous Metals Industry Association (CNIA) predicted. The CNIA sees a 230,000 tonne surplus in China aluminum market this year while expecting global aluminum market to remain in deficit.

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