Lower US Aluminium imports impacts prices

U.S. aluminum imports fell 2.4% in November from a month ago, and was down 20.7% from the previous year, the Commerce Department reported. Aluminium has touched a low of Rs 103.6 a kg after opening at Rs 104.7, and last traded at Rs105.75. For today market is looking for the support at 103.90, a break below could see a test of 102.10 and where as resistance is now likely to be seen at 107.20, a move above could see prices testing 108.70. Trading Ideas: Aluminium trading range is 102-109. Brazil's Primary Aluminum Output down 7.5% in 2009 U.S. aluminum imports fell 2.4% in November from a month ago Aluminium weekly stock at Shanghai exchange came up by 1824 tonnes BUY ALUMINIUM JAN AT 103.50 SL 102 TGT 104.20-105.40-106.50.