On MCX settled flat at 128.80 while prices hit the high of 130.20 last seen in March 2017 as support seen from LME Aluminium prices which have climbed to their highest in nearly three years as expectations of capacity cuts in top producer China, where the government is waging a war on pollution, were reinforced by a lower dollar. Benchmark aluminium on the London Metal Exchange ended down 0.1 per cent at $US2,027.5 on profit-taking.

Trading Ideas:

# Aluminium trading range for the day is 127.1-131.1.

# Aluminium sentiments gained as LME hit a 2-1/2 year peak above US$2,000 a tonne lifted by growing concerns over supply cuts.

# China's Shandong province has ordered 3.21 mtns of smelting capacity to be shut as Beijing intensifies efforts to curb pollution.

# The Trump administration has slapped anti-dumping duties on aluminium foil imports from China after preliminarily finding that they were subsidised.

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