EPIC RESEARCH MCX ALUMINIUM UPDATE OF 29 APRIL 2016

Posted by Farhan Khan on 11:40:00 with No comments
Aluminium trading range for the day is 107.6-112.         
Aluminium gained because of the potential for tightness on the LME due to rising cancelled warrants, now around 45 percent.             
Cancelled warrants are metal earmarked for delivery and so not available to the market.         
Prices of the front-month aluminium contract on the Shanghai Metal Exchange, rose more than 7 percent in the first quarter of 2016. 

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