EPIC RESEARCH MCX ALUMINIUM UPDATE OF 24 MAY 2016

Posted by Farhan Khan on 11:58:00 with No comments
Aluminium trading range for the day is 102.4-106.2.      
Aluminium gains as the lowest Chinese stockpiles in a year signal a tightening market for the metal   
In aluminium, around two million tonnes of new capacity and restarts have come on line in China this year, while smelters' utilization rates climbed to 79.6 percent.       
Aluminum daily stocks at Shanghai exchange came down by 8030 tonnes


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