EPIC RESEARCH MCX ALUMINIUM UPDATE OF 25 MAY 2016

Posted by Farhan Khan on 11:51:00 with No comments
Aluminium trading range for the day is 103.5-106.9.      
Aluminium gained on short covering but gains were capped by a stronger
dollar and uncertainty over growth in demand in China             
Data from US showed Home purchases rose almost 17 percent, pointing to a
robust spring selling season for builders.               
Clues to the strength of Chinese demand will come from surveys of purchasing
managers in the manufacturing sector due on June 1


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