Aluminium on MCX settled up 0.39% at 130.3 amid worries about supplies from China have been reinforced by Shandong province, which ordered the closure of 3.21 million tonnes of aluminium capacity. The shutdowns come as China's Ministry of Environmental Protection (MEP) said it was embarking on its fourth round of environmental inspections across eight provinces and regions, including Shandong. Chinese aluminum prices have skyrocketed amid a crackdown on overcapacity, but traders say final demand is weak and cuts may not be as big as expected.

Trading Ideas:

* Aluminium trading range for the day is 128.3-131.5.

* Aluminium prices gained amid worries about supplies from China have been reinforced by Shandong province.

* China's aluminum production hit its second highest on record in June while SHFE stocks are at four-year highs.

* Meanwhile, premiums for delivery of aluminum held in China's bonded zones sank to one-year lows in the week, although premiums have since partially recovered.

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