Sichuan Aostar Aluminum Co. Ltd. and Sichuan Meishan Aostar Aluminum Co. Ltd., two mid-sized aluminum smelters in Sichuan Province's Meishan City, will soon resume operations at full production capacity following significant cutbacks during the global economic downturn in late 2008 and throughout 2009.

Aluminium has touched a low of Rs 100.1 a kg after opening at Rs 101.9, and last traded at Rs100.55.For today market is looking for the support at 99.7, a break below could see a test of 98.8 and where as resistance is now likely to be seen at 101.8, a move above could see prices testing 103.1.

Trading Ideas:

Aluminium trading range is 98.8-103.1.

Aluminum smelters to resume full production in Sichuan

Support for aluminium is at 99.30 and resistance is at 101.70 level.

Aluminium daily stock at Shanghai exchange yesterday came up by 1324 tonnes.